Problemyou are evaluating the balance sheet for goodmans, Ask an Expert

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Problem:

You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you will find the following balances: Cash and marketable securities =$200,000, Accounts receivable =$1,100,000, Inventory = $2,000,000, Accurred wages and taxes =$500,000, Accounts payable =$600,000,and Notes Payable = $100,000.

Required:

Question: Calculate Goodman's Bees' net working capital.

Note: Please provide reasons to support your answer.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91148964

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