Based on the following data, what is the amount of working capital? Accounts payable $ 70400 Accounts receivable 125400 Cash 77000 Intangible assets 110000 Inventory 151800 Long-term investments 176000 Long-term liabilities 220000 Short-term investments 88000 Notes payable (short-term) 61600 Property, plant, and equipment 1474000 Prepaid insurance 2200

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Based on the following data, what is the amount of working capital?
Accounts payable
$ 70400
Accounts receivable
125400
Cash
77000
Intangible assets
110000
Inventory
151800
Long-term investments
176000
Long-term liabilities
220000
Short-term investments
88000
Notes payable (short-term)
61600
Property, plant, and equipment
1474000
Prepaid insurance
2200
Transcribed Image Text:Based on the following data, what is the amount of working capital? Accounts payable $ 70400 Accounts receivable 125400 Cash 77000 Intangible assets 110000 Inventory 151800 Long-term investments 176000 Long-term liabilities 220000 Short-term investments 88000 Notes payable (short-term) 61600 Property, plant, and equipment 1474000 Prepaid insurance 2200
$ 365200
$ 312400
$ 407000
$ 358600
Transcribed Image Text:$ 365200 $ 312400 $ 407000 $ 358600
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