Given the following information about Jones Corporation, what are Jones's working capital needs using the Bardahl formula, assuming that federal income taxes are not an operating expense?
Definitions:
Radio Station
A service that broadcasts audio content over the airwaves for public consumption, often music, news, or talk programs.
Law Merchant
The customs or rules established by merchants to resolve disputes that arose between them, and that were later applied by Common Law judges in cases that came before their courts.
Commercial Matters
Issues or affairs related to commerce, trade, and business activities.
Legislation
Laws or statutes that have been enacted by a governing body to regulate, authorize, sanction, grant, declare, or restrict various actions.
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