Yukon Company Has Total Current Liabilities Equal to $600,000 and Working

question 48

Multiple Choice

Yukon Company has total current liabilities equal to $600,000 and working capital of $30,000.North Company has the same amount of working capital,but it has total current liabilities of $40,000.The company with the better working capital position is:

• A) North Company
• B) Yukon Company
• C) They both have exactly the same working capital position.
• D) indeterminable with the information given

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