Using the following balance sheet and income statement data, what is the total amount of working capital?
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Question:
Using the following balance sheet and income statement data, what is the total amount of working capital?
Current assets | $23100 | Net income | $49500 | |
---|---|---|---|---|
Current liabilities | 13200 | Stockholders' equity | 69300 | |
Average assets | 145200 | Total liabilities | 29700 | |
Total assets | 99000 |
Average common shares outstanding was 16500.
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