A company with working capital of $600,000 and a current ratio of 3.25 pays a $200,000 short-term liability.The amount of working capital immediately after payment is:
A)$400,000.
B)$600,000.
C)$800,000.
D)$200,000.

Question

Quizplus · Accepted Answer

The Answer of A company with working capital of $600,000 and a current ratio of 3.25 pays a $200,000 short-term liability.The amount of working capital immediately after payment is:
A)$400,000.
B)$600,000.
C)$800,000.
D)$200,000.

A Company with Working Capital of $600,000 and a Current