Now ant evaluating the balance sheet for Mari Corporation. from the balance sheet you find the following balances Cast and marketable securities = $420,000, Ramunds Race hase = $ 80000 inventony = $t. 120.000. Prepaid Rent Expense= $360.000 Accrued Taves = $24.00 Accounts Payeble = $1.030.000 Notes Payable = $370.000 Net Profit After Tax $ 250.000 What is the amount of Marin's Net Working Capital?

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter9: Metric-analysis Of Financial Statements
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Now ant evaluating the balance sheet for Mari
Corporation. from the balance sheet you find the
following balances
Cast and marketable securities = $420,000,
Ramunds Race hase = $ 80000
inventony = $t. 120.000.
Prepaid Rent Expense= $360. 000
Accrued Taves = $24.00
Accounts Payeble = $1.030.000
Notes Payable = $ 370.000
Net Profit After Tax $ 250.000
What is the amount of Marin's Net Working Capital?
Transcribed Image Text:Now ant evaluating the balance sheet for Mari Corporation. from the balance sheet you find the following balances Cast and marketable securities = $420,000, Ramunds Race hase = $ 80000 inventony = $t. 120.000. Prepaid Rent Expense= $360. 000 Accrued Taves = $24.00 Accounts Payeble = $1.030.000 Notes Payable = $ 370.000 Net Profit After Tax $ 250.000 What is the amount of Marin's Net Working Capital?
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