Dandee lions inc has a cash balance of 108000 accounts


Question: Dandee Lions, Inc., has a cash balance of $108,000, accounts payable of $223,000, inventory of $206,000, accounts receivable of $322,000, notes payable of $68,000, and accrued wages and taxes of $76,500.

How much net working capital does the firm need to fund?

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: Dandee lions inc has a cash balance of 108000 accounts
Reference No:- TGS02759851

Expected delivery within 24 Hours