Wu Systems has the following balance sheet. How much net operating working capit

Question

Wu Systems has the following balance sheet. How much net operating working capital does the firm have?

$   100

$   200

650

350

     550

     350

$1,300

$   900

1,000

600

300

          

     500

$2,300

$2,300

$750

$675

$825

$908

$998

Cash

$   100

Accounts payable

$   200

Accounts receivable

650

Accruals

350

Inventory

     550

Notes payable

     350

   Current assets

$1,300

   Current liabilities

$   900

Net fixed assets

1,000

Long-term debt

600

Common equity

300

          

Retained earnings

     500

Total assets

$2,300

Total liab. & equity

$2,300

Explanation / Answer

net operating working capital= Current Assets-Accounts payable-accruals

=1300-200-350=$750

Answer A

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