The company had cash and marketable securities worth


Laurel Electronics reported the following information at its annual meeting:

The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,132,100, accounts receivables of $3,487,300, short-term notes payable worth $1,106,100, and other current assets of $121,455.

What is the company's net working capital?

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Financial Management: The company had cash and marketable securities worth
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