Calculate working capital for the year 2019?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Calculate working capital for the year 2019?

Transcribed Image Text:Evoc Company
Statements of Financial Position
December 31
2020 2019
Intangibles and other assets
Property, plant, and equipment
Investments
Current assets
€ 530
€ 510
420
380
10
10
Prepaid expenses
Inventory
Accounts receivable (net)
€120
€160
430
390
470
433
Cash and cash equivalents
330 1,350 360 1,343
€2,310
€1,020
Total assets
€2,243
Equity
€1,040
Non-current liabilities
Current liabilities
390
393
900
810
Total equity and liabilities
€2,310
€2,243
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