You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following
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Question:
You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $660,000, Accounts receivable = $860,000, Inventory = $560,000, Accrued wages and taxes = $101,000, Accounts payable = $206,000, and Notes payable = $1,060,000. What is Cypress's net working capital?
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