Use the balance sheet of Detroit,Inc.to calculate working capital for 2018 and 2017.
Assets
Liabilities
Stockholders' Equity
Definitions:
Deduction
An expense that can be subtracted from gross income to reduce the amount of income subject to tax.
Revenue
The total income generated by the sale of goods or services related to a company's primary operations before any expenses are deducted.
Realized
Pertains to gains or losses that have been incurred as a result of actual transactions as opposed to those that are theoretical or projected.
Earned
Income or revenue that has been generated or received for goods sold or services provided.
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