Laurel electronics reported the following information at, Ask an Expert

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Laurel Electronics reported the following information at its annual meeting: The Company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,118,000, accounts receivables of $3,453,700, short-term notes payable worth $1,105,700, and other current assets of $121,455. What is the company's net working capital?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91420263

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