3.2 Inventory accounting: Differentiate between FIFO and LIFO.,,3.5 Working capital: Laurel Electronics reported the following information at its annual meetings. 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, notes payable worth $1,151,663, and other current assets of $121,455. What is the company’s net working capital? ,,,Please all questions must be answered on excel. Also dont forget to add the dollar sign where necessary. Please show all formulas used beside each solution. My text for this class is Fundamentals of corporate financing by Parrino and Kidwell.,,Thank You
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