Question

Given: Curent Assets: $600,000 Total Assets: $2,600,000 Current Liabilities: $500,000 Total Liabilities: $1,700,000 What is the...

Given:

Curent Assets: $600,000

Total Assets: $2,600,000

Current Liabilities: $500,000

Total Liabilities: $1,700,000

What is the working capital?

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Answer #1

Working Capital = Current Assets - Current Liabilities

Working Capital = $600,000 - $500,000

Working Capital = $100,000

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