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The balance sheet for Stevenson Corporation reported the following:
noncurrent assets, $150,000;
total assets, $380,000;
noncurrent liabilities, $260,000;
total stockholders' equity, $89,000.
Question 1: Compute Stevenson's working capital.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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