ABC reported $356 500 for current assets and $100 500 for other assets, It also had $175

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ABC reported $356 500 for current assets and $100 500 for other assets, It also had $175 000 or current liabilities. ABC's quick assets totaled $222 000, and its long-term liabilities totaled $105 000. Determine ABC's working capital,

a)$256 000

b)$181500

c)$457000

d)$31000

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Posted Date: Apr 03, 2022 04:17 AM

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ABC reported $356 500 for current assets and $100 500 for other assets, It also had $175

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