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McRae Corporation's Total Current Assets Are $452,000, Its Noncurrent Assets

Question 313

Multiple Choice

McRae Corporation's total current assets are $452,000, its noncurrent assets are $554,000, its total current liabilities are $376,000, its long-term liabilities are $304,000, and its stockholders' equity is $326,000. Working capital is:


A) $102,000
B) $76,000
C) $178,000
D) $126,000

Correct Answer:

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