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What the company working capital equals

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Question 1: A corporation reports the following year-end balance sheet data. The company's working capital equals:

Cash $43,000

Current liabilities $78,000

Accounts receivable 58,000

Long-term liabilities 38,000

Inventory 63,000

Common stock 103,000

Equipment 148,000

Retained earnings 93,000

Total assets $312,000

Total liabilities and equity $312,000

Option 1: $196,000

Option 2: $86,000

Option 3: $312,000

Option 4: $164,000

Option 5: $78,000

Reference no: EM132596965

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