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Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the
Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the firm have? Cash Accounts receivable $100 Accounts payable $ 200 650 Accruals 290 Inventory Current assets 550 Notes payable 410 $ 1,300 Total current liabilities $ 900 Net fixed assets $ 1,000 Long-term bonds 600 Total liabilities $ 1,500 Common stock 300 Retained earnings 500 Total assets $ 2,300 Total liab. & equity Common equity $ 2,300 $ 800 O a. $761 O b. $988 . $713 O d. $810 e. $915
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