Cash P15,000 Accounts receivable P20,000 Inventory P37,000 Land P70,000 Building P190,000 Goodwill P26,000 Accounts payable Salaries payable Taxes payable P13,000 P7,000 P19,000 Mortgage payable...

Angela Corporation has the following selected assets and liabilities: Given the said data, determine the company’s net working capital.

(check the photo)

Choose the letter of correct answer

a. P35,000.00
b. P39,000.00
c. P33,000.00
d. P72,000.00
e. P52,000.00

Extracted text: Cash P15,000 Accounts receivable P20,000 Inventory P37,000 Land P70,000 Building P190,000 Goodwill P26,000 Accounts payable Salaries payable Taxes payable P13,000 P7,000 P19,000 Mortgage payable P80,000 Common stock P100,000 Retained earnings P82,000