1- The excess of current assets over current liabilities is called: A. Current ratio. B....
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Accounting
1- The excess of current assets over current liabilities is called:
A. Current ratio.
B. Working capital.
C. Debt ratio.
D. Quick ratio.
2- If a retail store has a current ratio of 2.5 and current assets of $195,000, the amount of working capital is:
A. $78,000.
B. $380,000.
C. $330,000.
D. $117,000
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