Calculate goodman bees net working capital

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Reference no: EM131793930

Question: You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances:

cash and marketable securities = $550,000,

accounts receivable = $1,100,000,

inventory = $1,600,000,

accrued wages and taxes = $520,000,

accounts payable = $820,000, and

notes payable = $620,000.

Calculate Goodman Bees' net working capital.

Reference no: EM131793930

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