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Author Question: Swinnerton Clothing Companys balance sheet showed total current assets of $3,050, all of which were ... (Read 78 times)

effaey

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Swinnerton Clothing Company’s balance sheet showed total current assets of $3,050, all of which were required in operations. Its current liabilities consisted of $625 of accounts payable, $500 of 7% short-term notes payable to the bank, and $183 of accrued wages and taxes. What was its net operating working capital that was financed by investors?

$2,242


$2,350


$2,407


$2,571



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Marked as best answer by effaey on Aug 7, 2023

ElaneShive

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effaey

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Reply 2 on: Aug 7, 2023
YES! Correct, THANKS for helping me on my review


nyrave

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Reply 3 on: Yesterday
:D TYSM

 

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