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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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