Based On The Above Data, What Is The Amount Of Working Capital?

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Based On The Above Data, What Is The Amount Of Working Capital?

le 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital?
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$168,000 Math: Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Expenses + Intangible assets + Long-term investments Current Liabilities = Accounts Payable + Accrued Liabilities + Notes Payable (short-term) + Long-term liabilities Current Assets: 30,000 + 65,000 + 72,000 + 2,000 = 169,000 + 40,000 + 110,000 = 319,000 Current Liabilities: 40,000 + 7,000 + 30,000 = 77,000 + 75,000 = 152,000
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