A corporation reports the following year-end balance sheet data. Money ps 43,000 current liabilities ps 78,000 accounts
Fantastic news! We've Found the answer you've been seeking!
Question:
A corporation reports the following year-end balance sheet data.
| Money | ps | 43,000 | current liabilities | ps | 78,000 | ||
| accounts receivable | 58,000 | Long term passives | 38,000 | ||||
| Inventory | 63,000 | Common actions | 103,000 | ||||
| Equipment | 148.000 | Retained earnings | 93,000 | ||||
| total assets | ps | 312,000 | Total liabilities and equity | ps | 312,000 | ||
Calculate the working capital of the company?
Expert Answer:
Working capital is the difference between a companys current assets and current li... View the full answer
Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781265553609
13th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
Posted Date:
