Given the following information for Tiger Company: Cash                                  100,000              Accounts payable                               50,000 Accounts receivable       200,000              Notes payable                                150,000 Inventories                       200,000              Accruals                                             50,000 Net fixed assets               500,000              Long-term debts                             400,000                                                                         Common stock                               100,000                                                                         Retained earnings                             250,000 What is the total working capital? What is the net working capital?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Given the following information for Tiger Company:

Cash                                  100,000              Accounts payable                               50,000

Accounts receivable       200,000              Notes payable                                150,000

Inventories                       200,000              Accruals                                             50,000

Net fixed assets               500,000              Long-term debts                             400,000

                                                                        Common stock                               100,000

                                                                        Retained earnings                             250,000

  1. What is the total working capital?
  2. What is the net working capital?

Thank you so much!

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