Based on the following data, what is the amount of working capital? The answer is...
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Accounting
Based on the following data, what is the amount of working capital? The answer is not 138,000
| Accounts payable | $30,000 |
| Accounts receivable | 65,000 |
| Accrued liabilities | 7,000 |
| Cash | 22,000 |
| Intangible assets | 40,000 |
| Inventory | 72,000 |
| Long-term investments | 100,000 |
| Long-term liabilities | 75,000 |
| Marketable securities | 36,000 |
| Notes payable (short-term) | 20,000 |
| Property, plant, and equipment | 625,000 |
| Prepaid expenses | 2,000 |
$140,000
$144,000
$138,000
$240,000
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