Novack company has current assets of 100000 total assets of


Question - Novack Company has current assets of $100,000, total assets of $300,000, current liabilities of $75,000 of which accounts payable are $35,000, and total liabilities of $150,000. Calculate Novack's working capital and current ratio?

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Accounting Basics: Novack company has current assets of 100000 total assets of
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