# [Question & Answer] Use the following data to determine the total amount of working capital. \$393100 \$183100 \$363100 \$133100…..

Use the following data to determine the total amount of working capital. \$393100 \$183100 \$363100 \$133100

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[Question & Answer] Use the following data to determine the total amount of working capital. \$393100 \$183100 \$363100 \$133100…..
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use the following data to determine the total amount of working capital

Total current assets=(Cash+_AR+Inventory+Prepaid insurance_)

=(200,000+147000+162000+86100)=\$595100

Total current liabilities=(AP+Salaries and wages payable)

=(205000+27000)=\$232000

Hence Working capital=Current assets-Current liabilities

=\$595100-\$232000

=\$363100(C).

use the following data to determine the total amount of working capital

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