Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the followin
Posted: Fri Jul 01, 2022 7:50 am
Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $500,000, Accounts receivable = $700,000, Inventory = $400,000, Accrued wages and taxes = $40,000, Accounts payable= $100,000, and Notes payable = $900,000. What is Cypress's net working capital? Multiple Choice $560,000 $1,040,000 $2,640,000 $1,600,000