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Worf, son of Mogh, had the following balance sheet information for the Klingon Empire. Assume that all current assets are used in operations. How much
Worf, son of Mogh, had the following balance sheet information for the Klingon Empire. Assume that all current assets are used in operations. How much net operating working capital does the Klingon Empire have?
Cash | $ 100 | Accounts payable | $ 200 | |
Accounts receivable | 650 | Accruals | 110 | |
Inventory | 550 | Notes payable | 590 | |
Current assets | $ 1,300 | Current liabilities | $ 900 | |
Net fixed assets | $ 1,000 | Long-term debt | 600 | |
Common equity | 300 | |||
Retained earnings | 500 | |||
Total assets | $ 2,300 | Total liab. & equity | $ 2,300 |
Group of answer choices
$990
$911
$1,010
$1,168
$782
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