A3 please help.... Global Games, Inc. has net working capital of $1,661, cash of $1,031, current liabilities of $5,064, accountspayable of $3,598, and inventory of $2,077. These numbers use the traditional calculation for NWC (seenpreviously in this module). What is NINC using the narrower definition of NWC from the CFI institute (NWC =Accounts receivable + Inventory - Accounts payable)?

Key references: General Finance

Answered: Global Games, Inc. has net working…

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter6: Cash And Receivables

Section: Chapter Questions

Problem 13GI

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