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Dandee Lions, Inc., has a cash balance of $108,000, accounts payable of $223,000, inventory of $206,000, accounts receivable of $322,000, notes payable of $68,000, and
Dandee Lions, Inc., has a cash balance of $108,000, accounts payable of $223,000, inventory of $206,000, accounts receivable of $322,000, notes payable of $68,000, and accrued wages and taxes of $76,500.
How much net working capital does the firm need to fund? |
Net working capital funding need | $ |
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