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What was the net operating working capital

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Question 1: Medium Sized Retailer's balance sheet showed total current assets of $225,000, all of which were required in operations. Its current liabilities consisted of $62,500 of accounts payable, $40,000 of 7% short-term notes payable to the bank, and $19,750 of accrued wages and taxes. What was its net operating working capital? Enter your answer rounded to two decimal places.

Reference no: EM132522858

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