Question
Jones Company has cash of $33,000, accounts receivable of $43,000, inventory of $22,500, and equipment of $63,000. Assuming current liabilities of $30,500, this company's working
Jones Company has cash of $33,000, accounts receivable of $43,000, inventory of $22,500, and equipment of $63,000. Assuming current liabilities of $30,500, this company's working capital is:
->$12,500.
->$98,000.
->$68,000.
->$45,500.
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Global Financial Accounting And Reporting Principles And Analysis
Authors: Peter Walton, Walter Aerts
2nd Edition
1408017725, 978-1408017722
