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20 September, 06:43

In 2004, TimeNow Corporation had fixed assets of $1,345, current assets of $260, current liabilities of $180 and shareholders' equity of $775. What was the net working capital for TimeNow in 2004?

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  1. 20 September, 08:46
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    net working capital 120,000,000

    Explanation:

    the net working capital is considered the difference between the current assets and the current liabilities.

    Is the amunt invested for the yearly operation such as inventory, A/R and other after subtracting the finanacing

    current assets 260,000,000

    current liabilities (180,000,000)

    net working capital 120,000,000
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Home » Business » In 2004, TimeNow Corporation had fixed assets of $1,345, current assets of $260, current liabilities of $180 and shareholders' equity of $775. What was the net working capital for TimeNow in 2004?
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