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You are evaluating the balance sheet for BTO Corporation. From the balance sheet you find the following balances:, accrued wages and taxes = $59,000, accounts
You are evaluating the balance sheet for BTO Corporation. From the balance sheet you find the following balances:, accrued wages and taxes = $59,000, accounts payable = $48,000, accounts receivable = $94,000, cash and marketable securities = $95,000, inventory = $500,000, long-term debt = $450,000, net fixed assets = 1,300,000, and notes payable = $90,000.
Calculate BTO's net working capital.
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