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A company reports the following year-end balance sheet data. Cash Accounts receivable Inventory Equipment Total assets 40,000 55,000 60,000 145,000 300,000 Current liabilities Long-term liabilities
A company reports the following year-end balance sheet data. Cash Accounts receivable Inventory Equipment Total assets 40,000 55,000 60,000 145,000 300,000 Current liabilities Long-term liabilities Common stock Retained camnings Total liabilities and equity 75,000 35,000 100,000 90,000 300,000 Calculate working capital Show your calculation in detail
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