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The following data are taken from the financial statements of Rosen, Inc. as of the end of the year 2016. calculate working capital. Accounts payable
The following data are taken from the financial statements of Rosen, Inc. as of the end of the year 2016. calculate working capital.
Accounts payable $ 28,000 Net income $ 48,000
Accounts receivable 66,000 Total liabilities 175,000
Cash 24,000 Salaries and wages payable 5,000
Inventory 160,000 Total assets 250,000
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