Taylor Industries has current liabilities of $54,900 and accounts receivable of $88,700. The firm has total assets of $395,000 and net fixed assets of $265,100. The owners' equity has a book value of $147,500. What is the amount of the net working capital

Working capital = $75,000

Explanation:

Working capital is the excess of current assets over current liabilities.

Working capital = Current assets - current liabilities

Current assets = Total assets - net fixed assets

= 395,000 - 265,100 = 129,900

Working capital = 129,900 - 54,900 = 75,000

Working capital = $75,000