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A company has the following balance sheet. What is its total net operating capital? Cash $ 20 Accounts payable $ 40 Short-term investments 30 Accruals
A company has the following balance sheet. What is its total net operating capital?
Cash | $ 20 |
| Accounts payable | $ 40 |
Short-term investments | 30 |
| Accruals | 50 |
Accounts receivable | 50 |
| Notes payable | 10 |
Inventory | 60 |
| Current liabilities | 100 |
Current assets | 160 |
| Long-term debt | 70 |
Net fixed assets | 100 |
| Common equity | 30 |
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| Retained earnings | 60 |
Total assets | $260 |
| Total liab. & equity | $260 |
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Question 3 options:
$140 | |
$150 | |
$160 | |
$230 | |
$260 |
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