Net working capital for Smith Motors
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Smith Motors reports the following account balances: inventory of $33,100, equipment of $84,400, accounts payable of $16,900, cash of $5,000, and accounts receivable of $22,600. How much does the firm have in net working capital?
$38,800
$43,800
$55,700
$67,500
$72,600
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Solution discusses the net working capital for Smith Motors
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Smith Motors reports the following account balances: inventory of $33,100, equipment of ...
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