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A company has the following balance sheet items at year-end. Accounts Payable $ 15,000 Inventory $ 25,000 Cash $ 5,000 Long Term Debt $ 30,000
A company has the following balance sheet items at year-end.
| Accounts Payable | $ 15,000 |
| Inventory | $ 25,000 |
| Cash | $ 5,000 |
| Long Term Debt | $ 30,000 |
| Accounts Receivable | $ 25,000 |
| Property Plant & Equipment | $ 50,000 |
From this information, calculate the following (include $ and commas in your answers):
Equity:
Working Capital:
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
978-1305108042
