Nickolls Corporation has provided the following financial da
Nickolls Corporation has provided the following financial data: Cash $192,000 Accounts receivable $291,000 Total current assets $719,000 Total current liabilities $175,000 The company\'s working capital is:
$544,000
$1,217,000
$797,000
$719,000
Solution
working capital =Total current assets- Total current liabilities
=(719000-175000)
which is equal to
=$544000.
