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