Swinnerton Clothing Company's balance sheet showed total current assets of $2,450, all of which were required in operations. Its current liabilities consisted of $550 of accounts payable, $300 of 5%...


Swinnerton Clothing Company's balance sheet showed total current assets of $2,450, all of which were required in operations. Its current liabilities consisted of $550 of accounts payable, $300 of 5% short-term notes payable to the bank, and $165 of accrued wages and taxes. What was its net operating working capital that was financed by investors?


Group of answer choices


$1,892



$1,659



$1,812



$1,976



$1,735




Jun 06, 2022
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