Homework Answers
Working Capital = Current Assets - Current Liabilities
Accounting Equation :
Current Assets + Non Current assets = current Liabilites + Non Current Liabilities + Stock Holders' Equity
800,000+550,000 = Current Liabilities +310,000+390,000
Current Liabilites = 1350,000- 700,000 = 650,000
Working Capital = 800,000-650,000 = $150,000 (Answer)
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