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current assets in calculating working capital?
so, i know that
Working capital = Current Assets - Current Liabilities excluding deferred tax assets/liabilities, excess cash, surplus assets and/or deposit balances.
and i have:
Current Assets:
Cash 1
Marketable securities 2
Accounts receivable 3
Inventories 4
Prepaid expenses 5
Deferred income tax 6
Total current assets 7
Property and equipment, net 8
Goodwill 9
Intangible assets, net 10
Deposits and other assets 11
Deferred income tax 12
13
What number should i use for calculations???
(7, or 7-6, or 13 - 12 - 6, or ...)