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help please !! this the only one i forgot how to do
ACCOUNTING 11 EXAML SUMMER 2019THOMAS GSM And thabiti Cash Intangibles Inventory Long-term investments Long-term liabilities
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Answer #1

As per HomeworkLib guidelines when there are more than one question then we have to answer first question.

30) calculation of working capital:

Working capital= current assets-current liabilities

Working capital= cash+inventory+prepaid expenses+marketable security-accrued liabilities-notes payable

Working capital= 25000+72000+2000+36000-7000-20000= $108000

Working capital is $108000

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