Universal financial inc has total current assets of 1200000


Universal Financial, Inc. has total current assets of $1,200,000; long-term debt of $600,000; total current liabilities of $500,000; and long-term assets of $800,000. How much is the firm's net working capital?

A) $1,000,000

B) $900,000

C) $600,000

D) $700,000

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Financial Management: Universal financial inc has total current assets of 1200000
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