Question
The financial statements of Barker Office Furniture Company include the following items: 2017 2016 Cash $52,500 $49,000 Short-term Investments 32,000 17,000 Net Accounts Receivable 92,000
The financial statements of Barker Office Furniture Company include the following items:
2017 2016 Cash $52,500 $49,000 Short-term Investments 32,000 17,000 Net Accounts Receivable 92,000 99,000 Merchandise Inventory 159,000 144,000 Total Assets 531,000 551,000 Total Current Liabilities 267,000 292,000 Long-term Note Payable 60,000 55,000 What is working capital for 2017?
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
