Winston corporation has the following selected assets and

Reference no: EM13484430 , Length: 10

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: EM13484430

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