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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 have?

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?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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 have?

$ 100 Accounts payable 650 Accruals 550 Notes payable $ 1,300 Current liabilities $ 1,000| Long-term debt Common equity Retained earnings $ 2,300 Total liab. & equity$ 2,300 Cash $ 200 Accounts receivable 110 590 $ 900 Inventory Current assets Net fixed assets 600 300 500 Total assets
Transcribed Image Text:$ 100 Accounts payable 650 Accruals 550 Notes payable $ 1,300 Current liabilities $ 1,000| Long-term debt Common equity Retained earnings $ 2,300 Total liab. & equity$ 2,300 Cash $ 200 Accounts receivable 110 590 $ 900 Inventory Current assets Net fixed assets 600 300 500 Total assets
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