1. Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,360, accounts payables worth $4,159,520, inventory of $7,121,920, accounts receivables of $3,489,400, notes payable worth $1,152,210, and other current assets of $121,911. What is the company’s net working capital?
2. Trevi Corporation recently reported an EBITDA of $31,000 and $9,700 of net income. The company has $6,900 interest expense, and the corporate tax rate is 35 percent. What was the company’s depreciation and amortization expense?