Elle Mae Industries has a cash balance of $54,000, accounts payable of $170,000; inventory of $210,000; accounts
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Elle Mae Industries has a cash balance of $54,000, accounts payable of $170,000; inventory of $210,000; accounts receivable of $270,000; notes payable of $214,000; and accrued wages and taxes of $44,000. How much net working capital does the firm need to fund?
Related Book For
Financial Accounting The Impact on Decision Makers
ISBN: 978-1285182964
9th edition
Authors: Gary A. Porter, Curtis L. Norton
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