FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The balance sheet for solving this question general Accounting

The balance sheet for Stevenson Corporation reported the following:
Non-current assets $150,000,
Total assets $390,000,
Non-current liabilities $250,000,
Total stockholders' equity $88,000.
Required:
Compute Stevenson's working capital.
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Transcribed Image Text:The balance sheet for Stevenson Corporation reported the following: Non-current assets $150,000, Total assets $390,000, Non-current liabilities $250,000, Total stockholders' equity $88,000. Required: Compute Stevenson's working capital.
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