Question
Based on the following data: Cash $20,000 Accounts Receivable $65,000 Marketable Securities $36,000 Inventory $72,000 Prepaid Expenses $2,000 Accounts Payable $30,000 Accrued Short-term Liabilities $7,000
Based on the following data:
Cash $20,000 Accounts Receivable $65,000 Marketable Securities $36,000 Inventory $72,000 Prepaid Expenses $2,000 Accounts Payable $30,000 Accrued Short-term Liabilities $7,000 Long-term Liabilities $75,000 Long-term Notes Payable $25,000
What is the amount of Working Capital?
| $84,000 | ||
| $158,000 | ||
| $58,000 | ||
| ($16,000) |
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Managerial Accounting
Authors: Crosson
9th Edition
B00650WABQ
