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What is company net working capital for chandler sporting

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Reference no: EM132873656

Question 1: Chandler Sporting Goods produces baseball and football equipment and lines of clothing. This year the company had cash and marketable securities worth $335,485, accounts payables worth $1,159,357, inventory of $1,651,599, accounts receivables of $1,488,121, short-term notes payable worth $313,663, and other current assets of $121,427. What is the company's net working capital?

Question 2: What is the difference between FIFO (first in, first out) and LIFO (last in, first out) accounting?

Reference no: EM132873656

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