Register now or log in to join your professional community.
<p style="text-align:justify;"><strong><em><span>(a)$5,000</span></em></strong></p> <p style="text-align:justify;"><strong><em><span> (b)$10,000 </span></em></strong></p> <p style="text-align:justify;"><strong><em><span>(c)$15,000</span></em></strong></p> <p style="text-align:justify;"><strong><em><span> (d)$25,000</span></em></strong></p>
C.15000
1.5X - X =5000
X =10000
Current asset is1.5X =15000
The answer C-15000
(c)$15,000
C is the ans
Answer is C
current asset / current liabilities =1.5/1
current assets =1.5 L
because working capital equal current asset - current liabilities
1.5 L - L =5000
,5 L =5000
L=5000/.5
L=10000
because the percentage of current ratio is1.5
this mean that current assets cover current liabilities by50% over
thus current asset =10000*1.5 =15000
Answer is C
Number c15000
It is (c) $15,000
The answer is :"(c)$15,000"
c
