Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,740, accounts payables worth $4,159,540, inventory of $7,123,060, accounts receivables of $3,488,880, notes payable worth $1,152,690, and other current assets of $122,809.

What is the company’s net working capital?

Answer rating: 100% (QA)

Computation of the Net Working Capital Net Working Capital Current Asset... View the full answer