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You are examining a company's balance sheet and find that it has total assets of $20,280, a cash balance of $2,100, inventory of $4,785, current liabilities of $5,573 and accounts receivable of $2,623. What is the company's net working capital? Multiple Choice $850 $3,935 $1,835 $5,635 $14,707

Respuesta :

Answer:

$3,935

Explanation:

Given that

Cash = $2,100

Inventory = $4,785

Accounts Receivable = $2,623

The calculation of net working capital is given below:-

Net working capital = Current Assets - Current Liabilities

Current Assets = Cash + Inventory + Accounts Receivable

= $2,100 + $4,785 + $2,623

= $9,508

So, Net working capital

= $9,508 - $5,573

= $3,935

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