Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Pharoah Electronics reported the following information at its annual meetings: The company had: Cash and marketable securities : $1,235,455 Accounts payables: $4,159,357 Inventory: $7,133,300 Accounts
Pharoah Electronics reported the following information at its annual meetings: The company had:Cash and marketable securities : $1,235,455 Accounts payables: $4,159,357 Inventory: $7,133,300 Accounts Receivables: $3,499,300 Short-term notes payable: $1,120,300 Other Current assets: $121,455 What is the company's net working capital?
Cash and marketable securities : $1,235,455
Accounts payables: $4,159,357
Inventory: $7,133,300
Accounts Receivables: $3,499,300
Short-term notes payable: $1,120,300
Other Current assets: $121,455
What is the company's net working capital?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started