Question
johnboy industries hs a cash balance of $55,000, accounts payable of $135,000, inventory of $185,000, accounts receivable of $220,000, notes payable of $130,000, and accrued
johnboy industries hs a cash balance of $55,000, accounts payable of $135,000, inventory of $185,000, accounts receivable of $220,000, notes payable of $130,000, and accrued wages and taxes of $42,000. How much net working capital does the firm need to fund?
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Essentials Of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
12th Edition
1260772160, 978-1260772166
