Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,0

Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,000; accounts receivables of
$275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000.
What is the firm’s net working capital?

A) $700,000 B) $175,000 C) $210,000 D) $390,000

ANSWER

D