Question
22 DMX Company's balance sheet included cash ($4,000,000), accounts receivable ($15,000,000), inventories ($10,000,000), prepaid expenses ($3,000,000), accounts payable ($8,000,000), and accrued expenses ($8,000,000). Working capital
22
DMX Company's balance sheet included cash ($4,000,000), accounts receivable ($15,000,000), inventories ($10,000,000), prepaid expenses ($3,000,000), accounts payable ($8,000,000), and accrued expenses ($8,000,000). Working capital is ___________.
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Accounting Information Systems
Authors: James Hall
9th Edition
1305465113, 9781305465114
