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Balance Sheet You are evaluating the balance sheet for Trident Corporation. From the balance sheet you...

Balance Sheet You are evaluating the balance sheet for Trident Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $540,000, Accounts receivable = $740,000, Inventory = $440,000, Accrued wages and taxes = $44,000, Accounts payable = $140,000, and Notes payable = $940,000. What is Tident's net working capital?

Multiple Choice

  • $596,000

  • $1,124,000

  • $2,844,000

  • $1,720,000

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Answer #1

calculation of Net Working Capital: Net klooking capital Current Assets current liabilities. Trident Corporation current Asse

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