Johnboy industries has a cash balance of 49000 accounts, Financial Management

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Johnboy industries has a cash balance of 49000 accounts

JohnBoy Industries has a cash balance of $49,000, accounts payable of $129,000, inventory of $179,000, accounts receivable of $214,000, notes payable of $124,000, and accrued wages and taxes of $39,000.

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

Net working capital funding need $

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Financial Management: Johnboy industries has a cash balance of 49000 accounts

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Financial Management: Johnboy industries has a cash balance of 49000 accounts

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