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Ray is an entrepreneur who has recently started his own venture. Since she does not have the resources to hire a financial expert he has
Ray is an entrepreneur who has recently started his own venture. Since she does not have the resources to hire a financial expert he has to manage the company's own finance in addition to managing the company. He needs to calculate the working capital of the business. The following below calculate the next working capital Cash 20,000 Accounts Receivable 12,000 Accounts Payable 14,500 Inventory 32,000 Accrued Expense 6,500 Answer 11,000 23,000 43,000 49,500
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