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Net Operating Working Capital (NOWC) Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020?

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Net Operating Working Capital (NOWC) Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020? Mimi's Gymnastics Inc.: Balance Sheets as of December 31 (Millions of Dollars) Assets Cash Short-term Investments Accounts receivable Inventories 2020 $ 100 110 1,200 Accounts payable Accruals 600 Total current assets $2,010 Net plant and equipment 2,100 Total assets $4,110 Liabilities and Equity $ 500 100 210 $ 810 900 $1,710 2,100 300 $2,400 Notes payable Total current liabilities Long-term debt Total liabilities Common stock. Retained earnings Total common equity Total liabilities and equity $4,110 Enter your answer in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answer to the nearest whole number. $ million Grade it Now Save & Continue

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