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 | $21840 | Net income | $46800 | |
---|---|---|---|---|
Current liabilities | 12480 | Stockholders' equity | 65520 | |
Average assets | 137280 | Total liabilities | 28080 | |
Total assets | 93600 |
Average common shares outstanding was 15600.
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