Question: D K Imports Incorporated reported the following information at its last

D.K. Imports Incorporated reported the following information at its last annual meeting:
Cash and cash equivalents = $1,225,000; Accounts payables = $3,200,000
Inventory = $625,000; Accounts receivables = $3,500,000;
Notes payables = $1,200,000; other current assets = $125,000;
Calculate the company’s net working capital.


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  • CreatedMay 08, 2014
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