Question: Need help answering the question in the picture. What formulas would I use and steps would I take to find the answer? Problem 14-2 Net

Need help answering the question in the picture. What formulas would I use and steps would I take to find the answer?

Problem 14-2 Net Working Capital Requirements (LG14-2) Dandee Lions, Inc. has a cash balance of $101,000, accounts payable of $216,000, inventory of $199,000, accounts receivable of $315,000, notes payable of $61,000, and accrued wages and taxes of $73,000. How much net working capital does the firm need to fund? Net working capital funding need

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