Calculate working capital for Angelina's company. Describe how her level of working capital might affect her business decisions.

ASSETS

Current Assets

Cash 10,000

Inventory 10,000

Other current assets (Securities) 10,000

Total current assets 30,000

Long-term Assets 70,000

Total Assets 100,000

Liabilities

Short term Liabilities

Accounts Payable (AP) 10,000

Short-term Loans 5,000

Total Short-term Liabilities 15,000

Total Long term Liabilities 15,000

OWNERS EQUITY 70,000

TOTAL LIABILITIES + OE 100,000