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Using the following balance sheet and income statement data, what is the total amount of working capital? Current assets $ 26900 Net income $ 35300
Using the following balance sheet and income statement data, what is the total amount of working capital?
| Current assets | $26900 | Net income | $35300 | |
|---|---|---|---|---|
| Current liabilities | 13400 | Stockholders' equity | 65500 | |
| Average assets | 134400 | Total liabilities | 35300 | |
| Total assets | 100800 |
Average common shares outstanding was 12600.
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
10th edition
978-1-119-3061, 1119306167, 978-1119444367
