Problem 2-1 Balance Sheet (LG2-1) You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $850,000, accounts receivable = $1,700,000, inventory = $2,200,000, accrued wages and taxes = $580,000, accounts payable = $880,000, and notes payable = $680,000.    Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) net working Captial

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Chapter1: Accounting And The Financial Statements
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Problem 2-1 Balance Sheet (LG2-1)

You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $850,000, accounts receivable = $1,700,000, inventory = $2,200,000, accrued wages and taxes = $580,000, accounts payable = $880,000, and notes payable = $680,000.

  

Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.)

net working Captial

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