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?
Given the following information for Tiger Company:
Cash 100,000 Accounts payable 50,000
Inventories 200,000 Accruals 50,000
Net fixed assets 500,000 Long-term debts 400,000
Common stock 100,000
- What is the total
working capital ? - What is the net working capital?
Thank you so much!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps