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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

  • $596,000

  • $1,124,000

  • $2,844,000

  • $1,720,000

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