The following information relates to Lobo Corporation. Cash $20,000
Accounts receivable $50,000
Marketable securities $65,000
Notes payable $10,000
Accrued rent $5,000
Based on this information, the net working capital of the company is:
A) $130,000.
B) $105,000.
C) $115,000.
D) $120,000.
E) $100,000.
Correct Answer:
Verified
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