Tre-Bien Bakeries generated net income of $233,412 this year. At year end, the company had accounts receivables of $47,199, inventory of $63,781, and cash of $21,461. It also had accounts payables of $51,369, short-term notes payables of $11,417, and accrued taxes of $6,145. The net working capital of the firm is
A) $68,931.
B) $63,510.
C) $69,655.
D) None of the above

Question

Quizplus · Accepted Answer

The Answer of Tre-Bien Bakeries generated net income of $233,412 this year. At year end, the company had accounts receivables of $47,199, inventory of $63,781, and cash of $21,461. It also had accounts payables of $51,369, short-term notes payables of $11,417, and accrued taxes of $6,145. The net working capital of the firm is
A) $68,931.
B) $63,510.
C) $69,655.
D) None of the above

Tre-Bien Bakeries Generated Net Income of $233,412 This Year