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Chandler Sporting Goods Produces Baseball and Football Equipment and Lines

Question 41

Multiple Choice

Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-term notes payable worth $313,663, and other current assets of $121,427. What is the company's net working capital?


A) $3,596,632
B) $1,801,784
C) $2,123,612
D) $1,673,421

Correct Answer:

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