What is the firms net working capital using market values

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The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short-term notes payable worth $1,151,663, and other current assets of $121,455 is all at book value. Suppose marking to market reveals that the market value of the firm's inventory is 25 percent below its book value, its receivables are 24 percent below its book value, and the market value of its current liabilities is identical to the book value.

What is the firm's net working capital using market values? (Round intermediate calculations and final answer to the nearest whole dollar, e.g. 5,275.)

What is the percentage change in net working capital?

Reference no: EM13577668

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