ABC Company has the following current assets and current liabilities info on its balance sheet. How much net operating working capital does the firm have? Cash $49 Accounts payable $55 Short-term investments 20 Accruals 41 Accounts receivable 65 Notes payable 10 Inventory 50 Current assets $49+20+65+50 Current liabilities $55+41+10 Group of answer choices $88 $78 $58 $68 $48

ABC Company has the following current assets and current liabilities info on its balance sheet. How much net operating working capital does the firm have? Cash $49 Accounts payable $55 Short-term investments 20 Accruals 41 Accounts receivable 65 Notes payable 10 Inventory 50 Current assets $49+20+65+50 Current liabilities $55+41+10 Group of answer choices $88 $78 $58 $68 $48

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...

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bartleby, a Learneo, Inc. business

Cash	$49	Accounts payable	$55
Short-term investments	20	Accruals	41
Accounts receivable	65	Notes payable	10
Inventory	50
Current assets	$49+20+65+50	Current liabilities	$55+41+10