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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 firm
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 $ 100 Accounts payable $ 200 Accounts receivable 650 Accruals 155 Inventory 550 545 Notes payable Total current liabilities $ 1,300 Current assets $ 900 600 $ Net fixed assets 1,000 Long-term bonds Total liabilities $ 1,500 Common stock 300 Retained earnings 500 Common equity 800 Total assets $ 2,300 Total liab. & equity $ 2,300
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