Question
Based on the following data, what is the amount of work in capital? accounts payable $72,960 accounts receivable $129,960 cash $79,800 intangible assets $114,000 inventory
Based on the following data, what is the amount of work in capital?
accounts payable $72,960
accounts receivable $129,960
cash $79,800
intangible assets $114,000
inventory $157,320
long-term investments $182,400
long-term liabilities 228,000
Short term investments $91,200
Notes payable short terms $63,840
property plant and equipment $1,527,600
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-1133161646
