Benson bakeries generated net income of 250000 on total


Benson Bakeries generated net income of $250,000 on total revenues of $525,000 this year. At year end, the company had accounts receivable of $35,000, accounts payable of $52,500, inventory of $58,000, cash of $50,000, and short-term notes payable of $25,500. What is the net working capital for Benson Bakeries?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Benson bakeries generated net income of 250000 on total
Reference No:- TGS01560268

Expected delivery within 24 Hours