Net working capital of solar solutions
Solar Solutions reports the following account balances: inventory of $6,200, equipment of $6,200, accounts payable of $15,500, cash of $11,200, and accounts receivable of $12,400. How much does the firm have in net working capital?
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Interview an investor, lender (e.g., banker), or an entrepreneur, and ask him/her to describe the relevance of having a business plan with respect to obtaining funding (equity investment or a loan).
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