A company reported current assets of $150,000, current liabilities of $100,000 and total assets of $450,000; therefore, the:
(a) Amount of working capital was $_____________________.
(b) Working capital ratio was $_________________________.

Question

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The Answer of A company reported current assets of $150,000, current liabilities of $100,000 and total assets of $450,000; therefore, the:
(a) Amount of working capital was $_____________________.
(b) Working capital ratio was $_________________________.

A Company Reported Current Assets of $150,000, Current Liabilities of $100,000