Question: E9-1 (Static) Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO 91,94,95 Cauce Corporation is preparing its year-end balance sheet. The company records

E9-1 (Static) Identifying Current Liabilities, Computing Working Capital, and Explaining Working

Capital LO 91,94,95 Cauce Corporation is preparing its year-end balance sheet. The

E9-1 (Static) Identifying Current Liabilities, Computing Working Capital, and Explaining Working Capital LO 91,94,95 Cauce Corporation is preparing its year-end balance sheet. The company records show the following selected amounts at the end of the year: 1-a. What is the amount of current liabilities? 1-b. Compute working capital. 2. Would your computation be different if the company reported $250,000 worth of contingent liabilities in the notes to its financia statements? Complete this question by entering your answers in the tabs below. What is the amount of current liabilities

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