Questions 33-35 Suppose ABC Co. has approached Bank of Chicago and wants to...

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Accounting

Questions 33-35
Suppose ABC Co. has approached Bank of Chicago and wants to borrow $300,000 in working capital.
The firm provides the bank with the following financial statements:
What's the firm's gross profit margin? Show your calculations.
What's the firm's net working capital? Show your calculations.
What's the firm's net working capital needs? Show your calculations.
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