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What is working capital? Define. Kindly compute the working capital from the figures below: 100 200 300 1000 Cash Receivable Inventory Properties, Plant & Equipments
What is working capital? Define. Kindly compute the working capital from the figures below: 100 200 300 1000 Cash Receivable Inventory Properties, Plant & Equipments (Fixed Assets) long-term Liabilities Total Liabilities Capital Stock Retained Earnings 200 900 250 450 What are the sales and net income (net profit) for the year? Cash, 500 Ending Collection 1200 Receivables 200 (Debtors), Beginning Receivables 400 (Debtors), Ending Inventory, 600 Ending Liability, 700 Ending Capital 100 Beginning Dividents 200 Issued/Paid *All sales are on credit
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