Question

The net working capital for a company with current assets of $77,000, quick assets of $46,000, total assets of $187,000, current liabilities of $65,000, and net sales of $91,000 is

Answer 1

Based on the assets the company has and its liabilities, its net working capital is $12,000.

What is the Net Working Capital?

The net working capital can be found by deducting the current liabilities from the current assets.

Solving gives:

= Current assets - Current liabilities

= 77,000 - 65,000

= $12,000

In conclusion, the net working capital is $12,000.

Find out more on the net working capital at brainly.com/question/5617813.