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I-CHIP Systems has the following balance sheet. How much net operating working capital does the firm have? Cash $ 225 Accounts receivable 320 160 Inventory
I-CHIP Systems has the following balance sheet. How much net operating working capital does the firm have? Cash $ 225 Accounts receivable 320 160 Inventory Current assets $ 705 $ 250 Accounts payable $ 645 Accruals $ 125 Notes payable $ 1,020 Current liabilities $ 1,600 Long-term debt Common equity Retained earnings $ 2,620 Total liab. & equity Net fixed assets 400 565 950 Total assets $ 2,620
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