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The following is partial information of one company's Balance Sheet. Using the given information, provide your answer as requested. Assets: Cash & Acct. Rec. (A/R)
The following is partial information of one company's Balance Sheet. Using the given information, provide your answer as requested.
Assets:
Cash & Acct. Rec. (A/R) $30,000
Inventory $10,000
Prepaid Expenses $10,000
FF&E, net $100,000
Liabilities
Acct. Payable $20,000
Accrued Expenses $15,000
Notes Payable $60,000
Owners' Equity ????????
Determine the amount of the Net Working Capital. Provide only numbers for your answer with two decimal points with no other signs.
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