Question
JohnBoy Industries has a cash balance of $53,000, accounts payable of $133,000, inventory of $183,000, accounts receivable of $218,000, notes payable of $128,000, and accrued
JohnBoy Industries has a cash balance of $53,000, accounts payable of $133,000, inventory of $183,000, accounts receivable of $218,000, notes payable of $128,000, and accrued wages and taxes of $41,000. How much net working capital does the firm need to fund? Net working capital funding need $
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
