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Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities =

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Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $500,000, Accounts receivable = $700,000, Inventory = $400,000, Accrued wages and taxes = $40,000, Accounts payable= $100,000, and Notes payable = $900,000. What is Cypress's net working capital? Multiple Choice $560,000 $1,040,000 $2,640,000 $1,600,000

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