Rao corporation has the following balance sheet. how much net operating working capital does the firm have? cash $10 accounts payable $20 short-term investments accruals 20accounts receivable 50 notes payable 50inventory 40     current liabilities $90 current assets $130 long-term debt     0net fixed assets 100 common equity 30retained earnings 50total assets $230 total liab. & equity $230 select one: a. $79.86b. $54.00c. $60.00d. $66.00e. $72.60

net operating working capital = $60

so correct option is c. $60.00

Explanation:

given data

Cash = $10

Accounts payable = $20

Short term investments Accruals = 20

Accounts receivable = 50

Notes payable = 50

Inventory = 40    

Current liabilities = $90

Current assets = $130

Long-term debt  = 0

Net fixed assets = 100

Common equity = 30

Retained earnings = 50

Total assets = $230

Total liability equity = $230

to find out

net operating working capital

solution

we get here Current Assets that is

Current Assets = 130 - Short term investment    

Current Assets = 130 - 30

Current Assets = $100

and Current Liability = AP + Accruals

Current Liability = 20 + 20

Current Liability = $40

so  

net operating working capital will be

net operating working capital = $100 - $40

net operating working capital = $60

so correct option is c. $60.00

answer; i believe the correct answer is (75 years);

answer; test-retest;