NICO Corporation had net current assets of $2,000,000 at the end of 2010 and $1,800,000 at the end of 2009. In addition, NICO had net spontaneous current liabilities of $1,000,000 in 2010 and $1,500,000 in 2009. Using this information, NICO's net current asset investment for 2010 was
A) $700,000.
B) -$300,000.
C) $300,000.
D) -$700,000.
Correct Answer:
Verified
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