Siskiyou corp has cash of 75000 short-term notes payable of, Ask an Expert

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Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000.

Required:

Question 1: What is the firm's net working capital? Explain in detail and also show all work please provide step by step solution.

A) $390,000

B) $175,000

C) $700,000

D) $210,000

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91146677

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