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Oriole Electronics reported the following information at its annual meeting: The company had cash and marketable securities worth $1,235,400, accounts payable worth $4,159,400, inventory of
Oriole Electronics reported the following information at its annual meeting: The company had cash and marketable securities worth $1,235,400, accounts payable worth $4,159,400, inventory of $7,121,400, accounts receivable of $3,488,400, short-term notes payable worth $1,151,400, and other current assets of $121,800. What is the company's net working capital? Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Net working capital
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