Madison Industries has total current assets of $825,000, total current liabilities of $295,000, total stockholders' equity of $1,425,000, total plant and equipment (net) of $1,125,000, total assets of $1,950,000, and total liabilities of $525,000. The company's working capital is

Madison Industries has total current assets of $825,000, total current liabilities of $295,000, total stockholders' equity of $1,425,000, total plant and equipment (net) of $1,125,000, total assets of $1,950,000, and total liabilities of $525,000. The company's working capital is

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter4: The Balance Sheet And The Statement Of Shareholders' Equity

Section: Chapter Questions

Problem 6RE: Oz Corporation has the following assets at year-end: Patents (net), 26,000; Land, 50,000; Buildings,...

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I want to correct answer general accounting question

Madison Industries has total current assets of $825,000, total
current liabilities of $295,000, total stockholders' equity of
$1,425,000, total plant and equipment (net) of $1,125,000, total
assets of $1,950,000, and total liabilities of $525,000. The
company's working capital is

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