Business: Based on the following data, what is working capital? accounts payable $30,000 accounts receivable 60,000 accrued liabilities 4,000 cash 60,000 intangible assets 50,000 inventory 69,000 long-term investments 80,000 long-term liabilities 100,000 marketable securities 50,000 fixed assets 670,000 prepaid expenses 1,000

Based on the following data, what is working capital?

joelpimentel

02.01.2022

Working Capital = 206,000

Explanation:

1. CURRENT ASSETS = 240,000

Cash 60,000 Marketable securities 50,000 Prepaid expenses 1,000 Accounts receivable 60,000 Inventory 69,000

2. CURRENT LIABILITIES = 34,000

Accounts payable $30,000 Accrued liabilities 4,000

Working Capital = Current Assets – Current Liabilities

Working Capital = 240,000 – 34,000

Working Capital = 206,000

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bellamore

02.03.2023

you just scam them

Explanation:

it should be 60$$$

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