Answer:
$6,663,453
Explanation:
Cash and marketable securities = $1,235,455
Inventory = $7,134,300
Accounts Receivables = $3,454,000
Other current assets = $121,455
Total Current Assets:
= Cash and marketable securities + Inventory + Accounts Receivables + Other current assets
= $1,235,455 + $7,134,300 + $3,454,000 + $121,455
= $11,945,210
Accounts payable = $4,159,357
Short term notes payable = $1,122,400
Total Current Liabilities:
= Accounts payable + Short term notes payable
= $4,159,357 + $1,122,400
= $5,281,757
Net Working Capital = Total Current Assets - Total Current Liabilities
= $11,945,210 - $5,281,757
= $6,663,453
