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nekit [7.7K]
3 years ago
11

Astin Company has current assets of $82,530, total assets of $242,050, total net income of $58,240, current liabilities of $72,1

20, and total liabilities of $205,300. Astin's Company's working capital a. $68,650 b. $24,920 c. $10,410d. $36,570
Business
1 answer:
JulijaS [17]3 years ago
8 0

Answer:

$10,410

Explanation:

Working capital is the difference between a company's current or short term assets and its current liabilities or short term obligations. It gives an insight as to how liquid an organization is.

Working capital = Current assets - current liabilities

= $82,530 - $72,120

= $10,410

Astin's Company's working capital is $10,410

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8 0
2 years ago
An investmetn adviser will always be considered to have taken custody if an adviser: is the trustee for the cleint in a trust ac
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