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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 = $680,000, Accounts receivable = $880,000, Inventory = $580,000, Accrued wages and taxes = $121,000, Accounts payable = $208,000, and Notes payable = $1,080,000. What is Cypress's net working capital?
A-$1,409,000
B-$2,140,000
C-$3,549,000
D-$731,000
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