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You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $360,000,
You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $360,000, accounts receivable = $2,200,000, inventory = $1,900,000, accrued wages and taxes = $690,000, accounts payable = $990,000, and notes payable = $790,000.
Calculate Goodman Bees' net working capital.
Note: Enter your answer in dollars not in millions.
Net working capital $ ____________
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