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Given the Following Statement of Financial Position Data, Calculate Net

Question 203

Multiple Choice

Given the following statement of financial position data, calculate net working capital: cash = $110, accounts receivable = $410, inventory = $350, net fixed assets = $1,000, accounts payable = $60, short-term debt = $375, and long-term debt = $510.


A) -$590
B) $0
C) $100
D) $435
E) $535

Correct Answer:

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