Question: Math Current Attempt in Progress Use the following data to determine the total amount of working capital. Sheridan Company Balance Sheet December 31, 2022 Cash

Math

Current Attempt in Progress Use the following data to determine the total amount of working capital. Sheridan Company Balance Sheet December 31, 2022 Cash $125100 Accounts payable $174500 Salaries and wages Accounts receivable 120900 29700 payable Inventory 207200 Note payable (due 2025) 269300 Short-term investments 93100 Total liabilities $473500 Land (held for future 259500 use) Land 288000 Buildings $335500 Common stock $360000 Less: Accumulated depreciation (61800) 273700 Retained earnings 736300 Franchise 202300 Total stockholders' $1096300 equity Total liabilities and Total assets $1569800 stockholders' $1569800 equity

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