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Natalie Beres
on Oct 09, 2024

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Calin Corporation has total current assets of $615,000, total current liabilities of $230,000, total stockholders' equity of $1,183,000, total net plant and equipment of $958,000, total assets of $1,573,000, and total liabilities of $390,000.The company's working capital is:

A) $615,000
B) $1,183,000
C) $385,000
D) $958,000

Stockholders' Equity

The residual interest in the assets of a company after deducting liabilities, representing the ownership stake of shareholders.

Net Plant

The net book value of a company’s plant assets, typically representing the total cost of these assets minus accumulated depreciation.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available for daily operations.

  • Comprehend the calculation and significance of working capital and how it reflects a company's short-term financial health.
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JM
Jaykey MichaelOct 16, 2024
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