Solupals - Textbook Solutions
Financial Accounting Information The Alternative to Debits and Credits 8th Ed Porter
40. If the current ratio is 3 to 1, net income is $12,000, and current liabilities are $24,000, how much is working capital?
A. $ 12,000
B. $ 36,000
C. $ 48,000
D. $ 72,000
View solution: $5 USD.
View Solution
<< Back
Next >>