Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $303,296, accounts payables worth $1,143,248, inventory of $1,847,193, accounts receivables of $1,423,827, short-term notes payable worth $574,539, and other current assets of $174,105. What is the company's net working capital? Round your answer to the nearest two decimals if needed. Do not type the $ symbol.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year
the company had cash and marketable securities worth $303,296, accounts payables worth
$1,143,248, inventory of $1,847,193, accounts receivables of $1,423,827, short-term notes payable
worth $574,539, and other current assets of $174,105. What is the company's net working capital?
Round your answer to the nearest two decimals if needed. Do not type the $ symbol.
Transcribed Image Text:Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $303,296, accounts payables worth $1,143,248, inventory of $1,847,193, accounts receivables of $1,423,827, short-term notes payable worth $574,539, and other current assets of $174,105. What is the company's net working capital? Round your answer to the nearest two decimals if needed. Do not type the $ symbol.
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