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You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $660,000,
You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $660,000, accounts receivable = $1,800,000, inventory = $1,500,000, accrued wages and taxes = $650,000, accounts payable = $950,000, and notes payable = $750,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.)
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