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Rao Corporation has the following balance sheet. Cash $ 10 Accounts payable $ 20 Short-term investments Accruals 20 Accounts receivable 50 Notes payable 50 Inventory

Rao Corporation has the following balance sheet.

Cash$ 10Accounts payable$ 20
Short-term investmentsAccruals20
Accounts receivable50Notes payable50
Inventory40Current liabilities$ 90
Current assets$130Long-term debt0
Net fixed assets100Common equity30
Retained earnings50
Total assets$230Total liab. & equity$230


How much net operating working capital does the firm have?

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