Company X's balance sheet shows it has $1,000,000 in cash, $4,000,000 in accounts receivable, $8,000,000 in inventory,

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Company X's balance sheet shows it has $1,000,000 in cash, $4,000,000 in accounts receivable, $8,000,000 in inventory, $2,000,000 in accounts payable, $1,000,000 in accrued wages, and $4,000,000 in short-term debt.

What is the company's net working capital?

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Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin

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Posted Date: Nov 12, 2023 11:40 PM

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Company X's balance sheet shows it has $1,000,000 in cash, $4,000,000 in accounts receivable, $8,000,000 in inventory,

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To calculate the companys net working capital we can use the formula Net Working ... View the full answer

Financial Management Principles and Applications

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