Solved: Based on this information the net working capital of the, Finance Basics

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Based on this information the net working capital of the

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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