The following information relates to Lobo Corporation: Cash $20,000 Accounts receivable $50,000 Marketable securities $65,000 Notes payable $10,000 Accrued wages $5,000 Based on this information, the net working capital of the company is:
A. $135,000.
B. $70,000.
C. $55,000.
D. $120,000.
E. $150,000.
Answer: D
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