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 | $38500 | Net income | $43300 | |
---|---|---|---|---|
Current liabilities | 14800 | Stockholders' equity | 79800 | |
Average assets | 157700 | Total liabilities | 41500 | |
Total assets | 130000 |
Average common shares outstanding was 15600.
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