The statement of financial position for Stavro Corporation reported the following: non-current assets, $240,000; total assets, $360,000;

Question:

The statement of financial position for Stavro Corporation reported the following: non-current assets, $240,000; total assets, $360,000; non-current liabilities, $176,000; total shareholders' equity, $94,000. Compute Stavro's working capital.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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