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Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash 49 Accounts payable 38 Accounts receivable 21 Notes payable/short-term 5 debt Inventories 18 Total current
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash 49 Accounts payable 38 Accounts receivable 21 Notes payable/short-term 5 debt Inventories 18 Total current assets 88 Total current liabilities 43 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment 122 Long-term debt 134 Total long-term 122 Total long-term liabilities 134 assets Total Liabilities Stockholders' Equity 177 33 Total Assets 210 Total Liabilities and 210 Stockholders' Equity The above diagram shows a balance sheet for a certain company. If the company pays back all of its accounts payable today using cash, what will its net working capital be?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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