ABC reported $356 500 for current assets and $100 500 for other assets, It also had $175
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Question:
ABC reported $356 500 for current assets and $100 500 for other assets, It also had $175 000 or current liabilities. ABC's quick assets totaled $222 000, and its long-term liabilities totaled $105 000. Determine ABC's working capital,
a)$256 000
b)$181500
c)$457000
d)$31000
Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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