Select a company, review the latest financial statements, and calculate the working capital. If possible, try to select a company that a fellow classmate has not already selected. Examine the...

The working capital can be defined as the difference in the current assets and current liabilities of the entity. The selected entity i.e. H&M Group is having current assets of $31,444 in the year 2019 whereas the current liabilities of the entity are $5,923 in the year 2019. The working capital of the entity can be determined as follows:
Working Capital = Current Assets – Current Liabilities
Working Capital = $31,444 - $5,923
Working Capital = $25,521.
The cash and cash equivalent of the entity has increased from the previous year and it is $12,312....