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Pharoah Electronics reported the following information at its annual meetings: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of
Pharoah Electronics reported the following information at its annual meetings: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,177,700, accounts receivables of $3,469,300, short-term notes payable worth $1,133,300, and other current assets of $121,455. What is the company's net working capital?
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