Asked by Maryam Ahsan on May 08, 2024

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Alpha Company has current assets of $74,524, total assets of $203,310, total net income of $67,913, current liabilities of $60,100, and total liabilities of $150,600.​
What is Alpha Company's working capital?

Working Capital

The amount of a company's current assets minus its current liabilities, indicating the short-term liquidity position of the company.

Current Liabilities

Obligations or debts that a company is expected to pay off within one year or within its operating cycle, whichever is longer.

Current Assets

These are short-term assets likely to be converted into cash, utilized, or sold within the business cycle or a year.

  • Compute a company's working capital and understand its importance in assessing financial health.
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RM
Reyna MartinezMay 12, 2024
Final Answer :
$14,424​ = Current Assets - Current Liabilities = $74,524 - $60,100