Nickolls Corporation has provided the following financial data: Cash $ 226,000 Accounts receivable, net $ 342,000...
Nickolls Corporation has provided the following financial data:
| Cash | $ | 226,000 | |||||||||
| Accounts receivable, net | $ | 342,000 | |||||||||
| Total current assets | $ | 804,000 | |||||||||
| Total current liabilities | $ | 243,000 | |||||||||
The company’s working capital is:
Homework Answers
Working capital = Current assets - Current liabilities = $804,000 - $243,000 = $561,000
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Nickolls Corporation has provided the following financial
data:
Cash
$
226,000
Accounts receivable, net
$
342,000...
Nickolls Corporation has provided the following financial data: Cash $ 228,000 Accounts receivable, net $ 345,000...
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