Question
Based on the following data, what is the amount of working capital? Accounts payable..$64,000 Accounts receivable..114,000 Cash.70,000 Intangible assets100,000 Inventory. 138,000 Long-term investments..160,000 Long-term liabilities
Based on the following data, what is the amount of working capital?
Accounts payable..$64,000
Accounts receivable..114,000
Cash.70,000
Intangible assets100,000
Inventory. 138,000
Long-term investments..160,000
Long-term liabilities ...200,000
Short-term investments...80,000
Notes payable (short-term)..56,000
Property, plant, and equipment..1,340,000
Prepaid insurance.......2,000
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Financial Accounting Information for Decisions
Authors: John Wild
7th edition
78025893, 978-0078025891
