Trent Corporation Has Total Current Assets Equal to $50,000 and Working

question 17

Multiple Choice

Trent Corporation has total current assets equal to $50,000 and working capital of $20,000.Fleming Company has the same amount of working capital,but it has total current assets of $300,000.The company with the better working capital position is:

• A) Fleming Company
• B) Trent Corporation
• C) They both have equally good working capital positions.
• D) indeterminable with the information given

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