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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 = $650,000, Accounts receivable = $850,000, Inventory = $550,000, Accrued wages and taxes = $91,000, Accounts payable = $205,000, and Notes payable = $1,050,000. What is Cypress's net working capital? Multiple Choice O $704,000 $3,396,000 $2,050,000 ( ) $1,346,000

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