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A corporation reports the following year-end balance sheet data. The company's working capital equals: Cash $ 47,000 Current liabilities $ 82,000 Accounts receivable 62,000 Long-term
A corporation reports the following year-end balance sheet data. The company's working capital equals:
| Cash | $ | 47,000 | Current liabilities | $ | 82,000 | ||
| Accounts receivable | 62,000 | Long-term liabilities | 42,000 | ||||
| Inventory | 67,000 | Common stock | 107,000 | ||||
| Equipment | 152,000 | Retained earnings | 97,000 | ||||
| Total assets | $ | 328,000 | Total liabilities and equity | $ | 328,000 | ||
Multiple Choice
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$176,000
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$82,000
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$204,000
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$328,000
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$94,000
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