20. XYZ has the following items on its balance-sheet: Cash = 2,000 Marketable Securities =...
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20. XYZ has the following items on its balance-sheet: Cash = 2,000 Marketable Securities = 10,000, Accounts Receivable = 2,400, Inventory = 2,000, Accounts Payable=4,000 Short-term Bank loans =1,000. XYZ sales are 20,000 and it needs 500 for operating activities. What is XYZ.s Operating Net Working Capital (ONWC)
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