D.K. Imports Incorporated reported the following information at its last annual meeting: Cash and cash equivalents =

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D.K. Imports Incorporated reported the following information at its last annual meeting:

Cash and cash equivalents = $1,225,000; Accounts payables = $3,200,000

Inventory = $625,000; Accounts receivables = $3,500,000;

Notes payables = $1,200,000; other current assets = $125,000;

Calculate the company’s net working capital.

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Financial Management Core Concepts

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Authors: Raymond M Brooks

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Question Posted: May 08, 2014 07:03 AM

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D.K. Imports Incorporated reported the following information at its last annual meeting: Cash and cash equivalents =

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