Net working capital Arsella would like to apply for a loan to expand Vincents...
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Accounting
Net working capital
Arsella would like to apply for a loan to expand Vincents Gift Shop. The businesss current assets are $58, 482 and total liabilities are $32, 289. Should Arsella expand the business at this time?
Total assets: $58, 482
Total liabilities: $32, 289
Ending inventory: $34, 579
Net Sales: $173,157
Operating expenses: $ 17,643
Cost of goods sold: $ 126,371
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