Given the following balance sheet data, calculate net working capital: cash = OMR25, accounts receivable %3D = OMR80, inventory = OMR120, %3D net fixed assets = OMR400, %3D accounts payable = OMR15, short- %3D

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
Section: Chapter Questions
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Given the following balance sheet
data, calculate net working capital:
cash = OMR25, accounts receivable
%3D
= OMR80, inventory = OMR120,
%3D
net fixed assets = OMR400,
%3D
accounts payable = OMR15, short-
%3D
Transcribed Image Text:Given the following balance sheet data, calculate net working capital: cash = OMR25, accounts receivable %3D = OMR80, inventory = OMR120, %3D net fixed assets = OMR400, %3D accounts payable = OMR15, short- %3D
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