JohnBoy Industries has a cash balance of $39,000, accounts payable of $119,000, inventory of $169,000, accounts receivable of $204,000, notes payable of $114,000, and accrued
JohnBoy Industries has a cash balance of $39,000, accounts payable of $119,000, inventory of $169,000, accounts receivable of $204,000, notes payable of $114,000, and accrued wages and taxes of $34,000. How much net working capital does the firm need to fund?
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Authors: John R. Boatright
3rd Edition
1118615824, 978-1118615829
