Financial statements use the formula current liabilities = current assets - working capital. The formula can be written in symbols as L= A-C. Solve the formula for A. A= ?

Question

asked May 15, 2023 4.1k views

1 Answer

Avolkmann · Answer 1 · 2023-05-18T14:32:40+0000

The given formula is expressed as

L = A - C

To solve for A, we would add C to both sides of the equation. We have

L + C = A - C + C

A = L + C