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A Firm Has $820 in Inventory,$3,200 in Fixed Assets,$670 in Accounts

Question 67

Multiple Choice

A firm has $820 in inventory,$3,200 in fixed assets,$670 in accounts receivable,$390 in accounts payable,$500 in long-term debt,and $360 in cash.What is the amount of the net working capital?


A) $890
B) $960
C) $3,600
D) $3,340
E) $1,460

Correct Answer:

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