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Balance Sheet You are evaluating the balance sheet for Trident Corporation. From the balance sheet you find the following balances: Cash and marketable securities =
Balance Sheet You are evaluating the balance sheet for Trident Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $540,000, Accounts receivable = $740,000, Inventory = $440,000, Accrued wages and taxes = $44,000, Accounts payable = $140,000, and Notes payable = $940,000. What is Tident's net working capital?
Multiple Choice
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$596,000
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$1,124,000
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$2,844,000
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$1,720,000
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