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Question - Based on the following data, what is the amount of working capital?
Accounts payable $48640
Accounts receivable 86640
Cash 53200
Intangible assets 76000
Inventory 104880
Long-term investments 121600
Long-term liabilities 152000
Short-term investments 60800
Notes payable (short-term) 42560
Property, plant, and equipment 1018400
Prepaid insurance 1520
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bluma co. uses a perpetual inventory system and both an accounts receivable and an accounts payable subsidiary ledger.
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