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2. El Taco Tote's balance sheet showed total current assets of $5,500, all of which were required in operations. Its current liabilities consisted of $1,000

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2. El Taco Tote's balance sheet showed total current assets of $5,500, all of which were required in operations. Its current liabilities consisted of $1,000 of accounts payable, $1,000 short-term notes payable to the bank, and $500 of accrued wages and taxes. What was its net operating working capital (NOWC)

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