Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

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 ...)

2 Answers

Relevance
  • 1 decade ago
    Favorite Answer

    take 7 - 6 to arrive at current assets for the working capital calculation

  • 5 years ago

    Check the definition of Current Assets. Office Eqpt is not.

Still have questions? Get your answers by asking now.