Solution-Net working capital winston corporation has the

Net working capital winston corporation has the following

Reference no: EM13574361

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

Determine the company's net working capital.

Reference no: EM13574361

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Net working capital winston corporation has the following

Reference no: EM13574361

Reference no: EM13574361

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Effect of financial leverage

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