What is the net working capital


Response to the following problem:

Global.Com has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000. What is Global's net working capital?

Provide step by step calculations.

Solution Preview :

Prepared by a verified Expert
Financial Accounting: What is the net working capital
Reference No:- TGS02082565

Now Priced at $20 (50% Discount)

Recommended (93%)

Rated (4.5/5)