Question: What is the working capital? PROBLEM 4-STATEMENT ANALYSIS-20% (2.5 pts each) Condensed data taken from the balance sheet at the end of the current year

What is the working capital?
What is the working capital? PROBLEM 4-STATEMENT ANALYSIS-20% (2.5 pts each) Condensed

PROBLEM 4-STATEMENT ANALYSIS-20% (2.5 pts each) Condensed data taken from the balance sheet at the end of the current year are as follows: Assets -Cash $100,000 50,000 150,000 100,000 20,000 h209 Accounts receivable -Merchandise inventory Fixed assets (net) 600,000 Liabilities and Stockholders' Equity $100,000 20,000 30,000 200,000 -300,000 30,000 140,000 Notes payable (short-term, non-interest-bearing).. Bonds payable, 11%, due in 2012 Common stock, $10 ar Paid in capital in excess o pa ommon stock .............................- Selected data related to the 12 months of the current year indicate the following: $ 150,000 105,000 500,000 900,000 55,000 1,000,000 165,000 25,000 140,000 1,500,000 Average accounts receivable. Average merchandise inventory Average stockholders' equity total assets Cash dividends paid on Cost of goods sold. Income before income tx Interest expense Net income

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