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You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $610,000, accounts receivable = $1,700,000, inventory = $1,400,000, accrued wages and taxes = $640,000, accounts payable = $940,000, and notes payable = $740,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92797772

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