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Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balance: Cash and markable securities =$610,000,
Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balance: Cash and markable securities =$610,000, Account receivable =$810,000, Inventory =$510,000, Accrued wages and taxes =$51,000, Account payable =$201,000, and Notes payable =$1,010,000. What is Cypress's net working capital? a. $3,192,000 b. $1.930,000 c. $1,262,000 d. $668,000
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