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A company has total current assets of $65 million consisting of Cash=$10 million, Marketable
securities=$5 million, Accounts Receivables= $30 million, and inventories= $20 million. It has $$60
million in current liabilities consisting of $15 million in Accounts Payable, $15 million in Accruals,
and $30 million in Notes Payable. Net Fixed Assets are $50 million. What is the companys net
operating working capital?
$5 million
$30 million
$115 million
$55 million
a. $5 million
b. $30 million
c. $115 million
d. $55 million

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A company has total current assets of 65 million consisting.pdf

  • 1. A company has total current assets of $65 million consisting of Cash=$10 million, Marketable securities=$5 million, Accounts Receivables= $30 million, and inventories= $20 million. It has $$60 million in current liabilities consisting of $15 million in Accounts Payable, $15 million in Accruals, and $30 million in Notes Payable. Net Fixed Assets are $50 million. What is the companys net operating working capital? $5 million $30 million $115 million $55 million a. $5 million b. $30 million c. $115 million d. $55 million