Please input numbers in boxes below based on data provided for year 2018. Current assets - current liabilities = net working capital 201835,00030,000118,000240,00022,000Q cashShort term incestmentsinventoryPrepaid expenses.to fal assetsto tal current liabilitieslongterm debtin come from operationsinterest expense201752,00015,000135,000269,0003,000SS0,000207,00077,000220,00038,000s00,000322,000114,000ISS,00045,000Current assets -current liabilities=net workingcapital

Total Current assets = AR + Cash + short term investment + inventory + prepaid expenses Total…

2018 35,000 30,000 118,000 240,000 22,000 SS0,000 207,000 a cash Short 2017 S2,000 15,000 135,000 269,000 3,000 term inestments inven tory Prepaid expenses to tal assets o tal current liabilities longterm debt in come from operations interest expense s00,000 322,000 114,000 ISS,000 45,000 220,000 38,000 Current assets-current liabilitils=net working capital %3D

2018 35,000 30,000 118,000 240,000 22,000 SS0,000 207,000 a cash Short 2017 S2,000 15,000 135,000 269,000 3,000 term inestments inven tory Prepaid expenses to tal assets o tal current liabilities longterm debt in come from operations interest expense s00,000 322,000 114,000 ISS,000 45,000 220,000 38,000 Current assets-current liabilitils=net working capital %3D

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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