Dandee Lions, Inc

question 102

Multiple Choice

Dandee Lions, Inc. has a cash balance of $105,000, accounts payable of $290,000, inventory of $213,000, accounts receivable of $310,000, notes payable of $95,000, and accrued wages and taxes of $65,000. How much net working capital does the firm need to fund?

• A) $8,000
• B) $83,000
• C) $178,000
• D) $18,000

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Frequency, Intensity, Duration

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