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XYZ has the following items on its balance-sheet: Cash = 2,500 Marketable Securities =5,000, Accounts Receivable = 2,400 , Inventory = 2,000, Accounts Payable =4,000

XYZ has the following items on its balance-sheet: Cash = 2,500 Marketable Securities =5,000, Accounts Receivable = 2,400 , Inventory = 2,000, Accounts Payable =4,000 Short-term Bank loans =1,000. XYZ sales are 20,000 and it needs 400 for operating activities. What is XYZ.s Operating Net Working Capital (ONWC)?

  • 1,200

  • 10,000

  • 800

  • 200

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