A corporation reports the following year-end balance sheet data. The company's working capital equals: Cash $ 55,000 Cur

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answerhappygod
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A corporation reports the following year-end balance sheet data. The company's working capital equals: Cash $ 55,000 Cur

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A corporation reports the following year-end balance sheet data.
The company's working capital equals: Cash $ 55,000 Current
liabilities $ 90,000 Accounts receivable 70,000 Long-term
liabilities 50,000 Inventory 75,000 Common stock 115,000 Equipment
160,000 Retained earnings 105,000 Total assets $ 360,000 Total
liabilities and equity $ 360,000
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