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Builtrite Automotive is a manufacturer of automobile parts located in Tempe, AZ. At the end of the current fiscal year, the company had net working
Builtrite Automotive is a manufacturer of automobile parts located in Tempe, AZ. At the end of the current fiscal year, the company had net working capital of $157,903. The company showed fixed assets of $65,989, accounts payables of $93,333, accounts receivables of $88,417, inventory of $171,284, and cash and marketable securities of $12,311. What dollar amount of notes payables does the firm have?
- $14,571
- $20,776
- $15,471
- none of the answers provided.
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