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I am looking for an example I am looking for an example to help explain how to determine the working capital I would like to
I am looking for an example
I am looking for an example to help explain how to determine the working capital
I would like to plug the info in myself. I am unable to find examples. what information do you need
Presented below are the ending balances of accounts for the Kansas Instruments Corporation at December 31, 20% Credits $ Debits 20,000 130,000 24,000 100,000 3,000 $ 5,000 32,000 50,000 1,300,000 620,000 -S Account Title Cash Accounts receivable Raw materials Notes receivable Interest receivable Interest payable Investment in debt securities Land Buildings Accumulated depreciation-buildings Work in process Finished goods Equipment Accumulated depreciation equipment Patent (net) Prepaid rent (for the next two years) Deferred revenue Accounts payable Notes payable Restricted cash (for payment of notes payable) Allowance for uncollectible accounts Sales revenue Cost of goods sold Rent expense 42,000 89,000 300,000 130,000 120,000 60,000 36,000 180,000 400,000 80,000 13,000 800,000 450,000 28,000Step by Step Solution
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