Prezas Company's balance sheet showed total current assets of $5,250, all of which were required in operations. Its current liabilities consisted of $1,040 of accounts payable, $600 of 6% short-term notes payable to the bank, and $310 of accrued wages and taxes. What was its net operating working capital?   a. $3,900     b. $4,650     c. $1,350     d. $1,950     e. $3,300

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Prezas Company's balance sheet showed total current assets of $5,250, all of which were required in operations. Its current liabilities consisted of $1,040 of accounts payable, $600 of 6% short-term notes payable to the bank, and $310 of accrued wages and taxes. What was its net operating working capital?

  a. $3,900  
  b. $4,650  
  c. $1,350  
  d. $1,950  
  e. $3,300

 

 

 

 

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