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Please show all work! Thank you! You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances:
Please show all work! Thank you!
You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities =$800,000, accounts receivable =$1,600,000, inventory =$2,100,000, accrued wages and taxes = $570,000, accounts payable =$870,000, and notes payable =$670,000. Calculate Goodman Bees' net working capital. Note: Enter your answer in dollars not in millionsStep by Step Solution
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