An organization has current assets of $365,725,000 and current liabilities of $131,339,000. Note: For numeric responses, do not include commas (i.e., 1,000 should be entered as 1000). Round ratio responses to the nearest one hundredth (i.e., 1 would be 1.00). What is the amount of working capital? $ What is the working capital ratio?

An organization has current assets of $365,725,000 and current liabilities of $131,339,000. Note: For numeric responses, do not include commas (i.e., 1,000 should be entered as 1000). Round ratio responses to the nearest one hundredth (i.e., 1 would be 1.00). What is the amount of working capital? $ What is the working capital ratio?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 16MC: If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A....

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