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Below is the balance sheet for Glucose Control Company as of Dec. 31, 2019. Assets Cash Marketable securities Accounts receivable Inventory Total current assets Machines
Below is the balance sheet for Glucose Control Company as of Dec. 31, 2019. Assets Cash Marketable securities Accounts receivable Inventory Total current assets Machines Real estate Net fixed assets Total assets 14,000 2,000 6,000 35,000 57,000 34,000 80,000 114,000 171,000 Liabilities and Equity Accounts payable 21,000 Notes payable 6,000 Total current liabilities 27,000 Long-term debt 95,000 Total liabilities 122,000 Paid-in capital 20,000 Retained earnings 29,000 Total equity 49,000 Total liab. & equity 171,000 Half of the cash is not needed for operations. - Attempt 1/3 for 10 pts. Part 1 What is the company's net working capital (NWC)? 0+ decimals Submit Part 2 * Attempt 1/3 for 10 pts. What is the company's net operating working capital (NOWC)
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