Dandee lions inc has a cash balance of 115000 accounts


Dandee Lions, Inc., has a cash balance of $115,000, accounts payable of $230,000, inventory of $213,000, accounts receivable of $329,000, notes payable of $75,000, and accrued wages and taxes of $80,000.

How much net working capital does the firm need to fund?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Dandee lions inc has a cash balance of 115000 accounts
Reference No:- TGS02910581

Now Priced at $10 (50% Discount)

Recommended (99%)

Rated (4.3/5)