Question 9

Intro Below is the balance sheet for Glucose Control Company as of Dec. 31, 2020. Assets Liabilities and Equity Cash 12,000 Accounts payable 20,000 Marketable 2,000 securities Notes payable 6,000 Accounts Total current 4,000 26,000 receivable liabilities Inventory 33,000 Long-term debt 95,000 Total current 51,000 Total liabilities 121,000 assets Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings 24,000 Net fixed assets 114,000 Total equity 44,000 Total assets 165,000 Total liab. & equity 165,000 Half of the cash is not needed for operations. Part 1 Attempt 1/3 for 10 pts. What is the company's net working capital (NWCY? 0+ decima Submit Part 2 Attempt 1/3 for 10 pts. What is the company's net operating working capital (NOWC)? 0+ decima Submit