contestada

he following data were taken from the records of menendez company: current assets $5,200 property, plant, and equipment 10,500 current liabilities 3,000 long-term liabilities 4,800 owner's equity 7,900 what is menendez company's working capital? a.$4,800 b.$7,900 c.$2,200 d.1.00

Respuesta :

Current assets minus Current Liabilities equals working capital.

= 5,000 - 3,500

= 1,500

What does working capital mean?

Simply put, working capital is the money you have on hand to meet your immediate and short-term obligations. If you want to make sure that your working capital meets your needs, you must estimate your current levels, project your future requirements, and come up with plans to make sure you always have enough cash on hand.

What three types of working capital are there?

Cash, including sums in bank accounts and uncashed customer checks. Marketable securities include money market funds and US Treasury Bills. investments made in the short term that a firm plans to sell within a year. Less any allowances for accounts that are unlikely to be paid, accounts receivable.

To learn more about working capital from the given link.

https://brainly.com/question/19804046

#SPJ4

Otras preguntas