The following information relates to Lobo Corporation.
Cash $20,000
Accounts receivable $50,000
Marketable securities $65,000
Notes payable $10,000
Accrued rent $5,000
Based on this information, the net working capital of the company is:?
A. ?$130,000.
B. ?$105,000.
C. ?$115,000.
D. ?$120,000.
E. $100,000.
Answer: D
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