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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 =

Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find
the following balances: Cash and marketable securities =$600,000, Accounts receivable =$800,000,
Inventory =$500,000, Accrued wages and taxes =$50,000, Accounts payable =$200,000, and Notes payable
=$1,000,000. What is Cypress's net working capital?
Multiple Choice
$1,250,000
$3,150,000
$650,000
$1,900,000
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