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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 130
Inventory 550 Notes payable 570
Current assets $ 1,300 Total current liabilities $ 900
Net fixed assets $ 1,000 Long-term bonds 60 0
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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