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(5pts) 4. El Cielo's balance sheet showed total current assets of $1,000,000, all of which were required in operations. Its current liabilities consisted of
(5pts) 4. El Cielo's balance sheet showed total current assets of $1,000,000, all of which were required in operations. Its current liabilities consisted of $200,000 of accounts payable, $30,000 short-term notes payable to the bank, and $10,000 of accrued wages and taxes. What was its net operating working capital (NOWC)?
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