MC.03.083.AlgoWu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital doesthe firm have?CashAccounts receivableInventoryCurrent assetsNet fixed assetsTotal assetsO a. $400b. $1,770O c. $2,200d. $470e. $830$ 70 Accounts payable720Accruals510$1,3001,000Notes payableCurrent liabilitiesLong-term debtCommon equityRetained earnings$2,300 Total liab. & equity$ 250220430Question 3 of 40$ 900640260500$2,300

Net Operating Working Capital (NOWC) is a financial metric that calculates the difference between a…

Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the firm have? Cash Accounts receivable Inventory Current assets Net fixed assets Total assets O a $400 O b. $1,770 c. $2,200 O d. $470 O e. $830 $ 70 Accounts payable 720 Accruals 510 $1,300 1,000 Notes payable Current liabilities. Long-term debt Common equity Retained earnings $2,300 Total liab. & equity $ 250 220 430 $ 900 640 260 500 $2,300

Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the firm have? Cash Accounts receivable Inventory Current assets Net fixed assets Total assets O a $400 O b. $1,770 c. $2,200 O d. $470 O e. $830 $ 70 Accounts payable 720 Accruals 510 $1,300 1,000 Notes payable Current liabilities. Long-term debt Common equity Retained earnings $2,300 Total liab. & equity $ 250 220 430 $ 900 640 260 500 $2,300

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 16MCQ

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