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Use the following data to determine the total amount of working capital. Use the following data to determine the total amount of working capital. Ayayai
Use the following data to determine the total amount of working capital.
Use the following data to determine the total amount of working capital. Ayayai Corp. Balance Sheet December 31, 2022 Cash $125000 Accounts payable $163500 Accounts receivable 124100 Salaries and wages payable 27300 Inventory 212300 Note payable (due 2025) 271800 Short-term investments 89200 Total liabilities $462600 Land (held for future use) 258000 Land 286500 Buildings $339000 Common stock $357000 Less: Accumulated depreciation (59400) 279600 Retained earnings 762900 Franchise 207800 Total stockholders' equity $1119900 Total assets $1582500 Total liabilities and stockholders' equity $1582500 $389800Step by Step Solution
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