Question

What is the net working capital for a company with current assets of $69,000, quick assets of $26,000 total assets of $130,000, current liabilities of $48,000 and net sales of $79,000? $95,000 $13,000 $2 1.000 ● $47.000

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Answer #1

Correct answer-----$21000

Working Capital =

Current Assets-Current Liabilities

Working Capital =

($ 69000-$ 48000)

Working Capital =

$   21,000.00

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