Jobston,Inc ​
-Read the Information About Jobston,Inc

question 16

Multiple Choice

Jobston,Inc.
The balance sheet of Jobston Inc.includes the following items:
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$\begin{array}{lr}\text { Cash } & \$ 22,400 \\\text { Accounts receivable } & 11,700 \\\text { Inventory } & 23,300 \\\text { Prepaid insurance } & 1,040 \\\text { Land } & 80,000 \\\text { Accounts payable } & 47,500 \\\text { Salaries payable } & 1,200 \\\text { Capital stock } & 84,040 \\\text { Retained earnings } & 5,700\end{array}$ ​
-Read the information about Jobston,Inc.What is Jobston's working capital?

• A)$58,440
• B)$89,740
• C)$84,040
• D)$9,740

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