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The following information relates to Lobo Corporation:

Cash                        $20,000

Accounts receivable                      $50,000

Marketable securities           $65,000

Notes payable                 $10,000

Accrued wages                 $5,000

Based on this information, the net working capital of the company is:

$135,000.

$70,000.

$55,000.

$120,000.

$150,000.

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  • Category:- Basic Finance
  • Reference No.:- M93111927
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