
Myriad Canning Company has the following balance sheet figures for the year ending December 31, 200X:??Cash $1,000?Marketable securities $5,000?Inventory $3,000?Total current assets $9,000??Accounts payable $2,000?Notes payable $1,000?Total current liabilities $3,000??What is its net working capital?
A) $1,000
B) $3,000
C) $6,000
D) $9,000
Correct Answer:
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