Below is information from Roma, Inc.’s balance sheet for 202…
Below is information from Roma, Inc.’s balance sheet for 2023. Using the information below, calculate Roma, Inc.’s working capital. Goodwill $210,000 A/D – equipment $467,000 Long-term Equity investments 375,000 Inventory 425,000 Long-term debt (due 2026) 500,000 Accrued liabilities 40,000 Cash 75,000 Income taxes payable 110,800 Current maturities of long-term debt 51,000 Common stock 250,000 Notes receivable (current) 185,000 Prepaid expenses 68,760 Accounts payable 340,000 Equipment 1,386,000