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Assume a company provided the following balance sheet: Current assets: Cash $ 75,000 Accounts receivable 50,000 Inventory 150,000 Current liabilities: Accounts payable Accrued liabilities.
Assume a company provided the following balance sheet: Current assets: Cash $ 75,000 Accounts receivable 50,000 Inventory 150,000 Current liabilities: Accounts payable Accrued liabilities. Total current liabilities $ 90,000 40,000 130,000 Total current assets 275,000 Bonds payable 110,000 Property, plant & equipment, net 380,000 Total liabilities 240,000 Stockholders' equity: Common stock 170,000 Retained earnings 245,000 Total stockholders' equity 415,000 Total assets: $655,000 Total liabilities and stockholders' equity $655,000 What is the amount of working capital? Multiple Choice $185.000 $36.000 $445.000
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