1. Doing a case study on retirement funds where there are different providers with the same plans. Is it recommended to stick to one provider or to allocate funds across multiple providers? Why or why not?
2. Johnboy industries hs a cash balance of $55,000, accounts payable of $135,000, inventory of $185,000, accounts receivable of $220,000, notes payable of $130,000, and accrued wages and taxes of $42,000. How much net working capital does the firm need to fund?