USING THE FOLLOWING DATA, CALCULATE THE WORKING CAPITAL ($):accounts payable15merchandise inventoryaccounts receivabl3017medical supplieslong term notes payableaccumulated depreciation -blgnursing revenue5041+-prepaid rent expenseamortization expenseproperty taxes payable: 4+.buildingbonds payable60+-pension obligation27transportation expensecash115unearned nursing income24+-'depreciation expenseZorro, capital:39--marketable securities7.Zorro, withdrawals18Moying to the next question prevents changes to this answer.8.

Working Capital = Current Assets - Current Liabilities

USING THE FOLLOWING DATA, CALCULATE THE WORKING CAPITAL ($) : accounts payable 15 merchandise inventory accounts receivable 30 17 medical supplies long term notes payable 5 nursing revenue 50 accumulated depreciation -blg 4 prepaid rent expense amortization expense 3 property taxes payable 4 building bonds payable 60 pension obligation transportation expense 27 81 cash 115 unearned nursing income 24 depreciation expense Zorro, capital 39 marketable securities 7. Zorro, withdrawals 18

USING THE FOLLOWING DATA, CALCULATE THE WORKING CAPITAL ($) : accounts payable 15 merchandise inventory accounts receivable 30 17 medical supplies long term notes payable 5 nursing revenue 50 accumulated depreciation -blg 4 prepaid rent expense amortization expense 3 property taxes payable 4 building bonds payable 60 pension obligation transportation expense 27 81 cash 115 unearned nursing income 24 depreciation expense Zorro, capital 39 marketable securities 7. Zorro, withdrawals 18

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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Question

USING THE FOLLOWING DATA, CALCULATE THE WORKING CAPITAL ($):
accounts payable
15
merchandise inventory
accounts receivabl
30
17
medical supplies
long term notes payable
accumulated depreciation -blg
nursing revenue
50
41
+-
prepaid rent expense
amortization expense
property taxes payable
: 4
+.
building
bonds payable
60
+-
pension obligation
27
transportation expense
cash
115
unearned nursing income
24
+-
'depreciation expense
Zorro, capital
:39
--
marketable securities
7.
Zorro, withdrawals
18
Moying to the next question prevents changes to this answer.
8.

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