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A corporation reports the following year-end balance sheet data. Money ps 43,000 current liabilities ps 78,000 accounts receivable 58,000 Long term passives 38,000 Inventory 63,000
A corporation reports the following year-end balance sheet data.
| Money | ps | 43,000 | current liabilities | ps | 78,000 | ||
| accounts receivable | 58,000 | Long term passives | 38,000 | ||||
| Inventory | 63,000 | Common actions | 103,000 | ||||
| Equipment | 148.000 | Retained earnings | 93,000 | ||||
| total assets | ps | 312,000 | Total liabilities and equity | ps | 312,000 | ||
Calculate the working capital of the company?
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Working capital is the difference between a companys current assets and current li...
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
