Laurel electronics reported the following information at, Ask an Expert

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Laurel Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, notes payable worth $1,151,663, and other current assets of $121,455. What is the company's net working capital?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M957250

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