1. Dandee Lions, Inc., has a cash balance of $113,000, accounts payable of $228,000, inventory of $211,000, accounts receivable of $327,000, notes payable of $73,000, and accrued wages and taxes of $79,000.

How much net working capital does the firm need to fund?

Net working capital funding need

_____________$

2. Sow Tire, Inc., has sales of $1,458,000 and cost of goods sold of $988,000. The firm had a beginning inventory of $97,800 and an ending inventory of $86,000.

What is the length of the days