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Determine the company net working capital

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Question - Net Working Capital. Winston Corporation has the following selected assets and liabilities:

Cash $15,000

Accounts receivable $20,000

Inventory $37,000

Land $70,000

Building $190,000

Goodwill $26,000

Accounts payable $13,000

Salaries payable $7,000

Taxes payable $19,000

Mortgage payable $80,000

Common stock $100,000

Retained earnings 82,000

Required - Determine the company's net working capital.

Reference no: EM132943166

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