| 46. Skyline, Inc. The balance sheet of Skyline Inc. includes the following items: Cash $ 22,400 Accounts receivable 11,700 Inventory 23,300 Prepaid insurance 1,040 Land 80,000 Accounts payable 47,500 Salaries payable 1,200 Capital stock 84,040 Retained earnings 5,700 Read the information about Skyline, Inc. What is Skyline's working capital? A. $58,440 B. $89,740 C. $84,040 D. $9,740 | |
| View Solution | |
| << Back | Next >> |