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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 20207 Mimi's

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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 20207 Mimi's Gymnastics Inc.: Balance Sheets as of December 31 (Millions of dollars) 2020 Assets Cash $ 100 Short-term investments 120 Accounts receivable 1,000 Inventories 900 Total current assets $2,120 Net plant and equipment 2,300 Total assets $4,420 Llabilties and Equity Accounts payable 5 800 Accruals 300 Notes payable 160 Total current liabilities $1,260 Long-term det 700 Total liabilities $1,960 Common stock 2,300 Retoined earnings 160 Total common equity $2,460 Total tobilities and equity 54,420 Enter your answer in millions. For example, an answer of 1 milion should be entered ost, not 1,000,000 Round your answer to the nearest whole number million

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