D Question 13 5 pts A company with working capital of $720,000 and a current...
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D Question 13 5 pts A company with working capital of $720,000 and a current ratio of 2.2 pays a $125,000 short-term liability. The amount of working capital immediately after payment is $595,000 $720,000 $125,000 $845,000 Previous The following production data were taken from the records of the finishing department for June: ery ing Online 1,500 units Inventory in process, June 1, 25% completed Transferred to finished goods during June Equivalent units of production during June 5,000 units ments 5,200 units Determine the number of equivalent units of production in the June 30, finishing department inventory, assuming that the first in, first-out method is used to cost inventories. The completion percentage of 25% applies to both direct materials and conversion costs. 575 units 300 units 1000 units 200 units
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