Question
You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $393,000, Accounts
You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $393,000, Accounts receivable = $193,000, Inventory = $93,000, Accrued wages and taxes = $11,600, Accounts payable = $316,000, and Notes payable = $616,000. What is Campus's net working capital?
O $679,000
O $264,600
O $943,600
O $1,622,600
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Return Distributions In Finance
Authors: Stephen Satchell, John Knight
1st Edition
0750647515, 978-0750647519
