Balance Sheet as of December 31, 2023:

Assets	Amount (USD)	Liabilities and Equity	Amount (USD)
Cash and Cash Equivalents	$50,000	Accounts Payable	$15,000
Accounts Receivable	$30,000	Notes Payable	$10,000
Inventory	$40,000	Accrued Expenses	$5,000
Prepaid Expenses	$5,000	Total Current Liabilities	$30,000
Property, Plant, Equipment	$100,000	Long-Term Debt	$50,000
Investments	$20,000	Total Liabilities	$80,000
Other Assets	$10,000
Total Assets	$255,000

Equity	Amount (USD)
Common Stock	$60,000
Retained Earnings	$115,000
Total Equity	$175,000
Total Liabilities and Equity	$255,000

·Analyze Working Capital: Requirements:

• Given a balance sheet with values for current assets and current liabilities, calculate the working capital.
• Explain the significance of working capital as an indicator of a company's short-term financial health.
• Discuss how changes in working capital can reflect changes in a company's operating efficiency and liquidity management.