Below are selected accounts and their balances for the Stonefly Company as of December 31, 2012:
Based on the above information, determine the amount of working capital at December 31, 2012.
Definitions:
Scoring
The process of assigning values or points to various outcomes or performances, often used in assessments and evaluations.
Engaged
Fully involved or occupied with a particular activity or task.
Bonuses
Financial or other rewards given to employees in addition to their regular compensation.
Punishment
A consequence given in response to an undesired behavior, intended to discourage that behavior in the future.
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