Question
I believe the answer is $50,000 (Current assets minus current liabilities) Is that correct? The following information relates to Zync Corporation: Current assets$200,000 Current liabilities$150,000
I believe the answer is $50,000 (Current assets minus current liabilities) Is that correct?
The following information relates to Zync Corporation:
Current assets$200,000
Current liabilities$150,000
Long-term assets$600,000
Long-term liabilities$400,000
Based on the information given above, the net working capital of the company is:
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Financial Accounting A User Perspective
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
6th Canadian Edition
470676604, 978-0470676608
