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Based on the following data, what is the amount of working capital? Accounts payable $56320 Accounts receivable 100320 Cash 61600 Intangible assets 88000 Inventory 121440
Based on the following data, what is the amount of working capital?
| Accounts payable | $56320 |
| Accounts receivable | 100320 |
| Cash | 61600 |
| Intangible assets | 88000 |
| Inventory | 121440 |
| Long-term investments | 140800 |
| Long-term liabilities | 176000 |
| Short-term investments | 70400 |
| Notes payable (short-term) | 49280 |
| Property, plant, and equipment | 1179200 |
| Prepaid insurance | 1760 |
|
| $286880 |
|
| $249920 |
|
| $325600 |
|
| $292160 |
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
