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3 Global Games, Inc. has net working capital of $1,661, cash of $1,031, current liabilities of $5,064, accounts payable of $3,598, and inventory of
3 Global Games, Inc. has net working capital of $1,661, cash of $1,031, current liabilities of $5,064, accounts payable of $3,598, and inventory of $2,077. These numbers use the traditional calculation for NWC (seen previously in this module). What is NINC using the narrower definition of NWC from the CFI institute (NWC Accounts receivable + Inventory - Accounts payable)?
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Fundamentals of corporate finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
10th edition
978-1260013955, 78034639, 978-0078034633
