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 Accounts receivable Inventory Current assets Net fixed assets Total assets O a $400 O b. $1,770 c. $2,200 O d. $470 O e. $830 $ 70 Accounts payable 720 Accruals 510 $1,300 1,000 Notes payable Current liabilities. Long-term debt Common equity Retained earnings $2,300 Total liab. & equity $ 250 220 430 $ 900 640 260 500 $2,300
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 Accounts receivable Inventory Current assets Net fixed assets Total assets O a $400 O b. $1,770 c. $2,200 O d. $470 O e. $830 $ 70 Accounts payable 720 Accruals 510 $1,300 1,000 Notes payable Current liabilities. Long-term debt Common equity Retained earnings $2,300 Total liab. & equity $ 250 220 430 $ 900 640 260 500 $2,300
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
Section: Chapter Questions
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Transcribed Image Text:MC.03.083.Algo
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
Accounts receivable
Inventory
Current assets
Net fixed assets
Total assets
O a. $400
b. $1,770
O c. $2,200
d. $470
e. $830
$ 70 Accounts payable
720
Accruals
510
$1,300
1,000
Notes payable
Current liabilities
Long-term debt
Common equity
Retained earnings
$2,300 Total liab. & equity
$ 250
220
430
Question 3 of 40
$ 900
640
260
500
$2,300
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