Question
You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you will find the following balances: Cash and marketable securities =$200,000,
You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you will find the following balances: Cash and marketable securities =$200,000, Accounts receivable =$1,100,000, Inventory = $2,000,000, Accurred wages and taxes =$500,000, Accounts payable =$600,000,and Notes Payable = $100,000. Calculate Goodman's Bees' net working capital.
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
7th Edition
1473778913, 978-1473778917
