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

Respuesta :

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.

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