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Rao Corporation has the following balance sheet. How much net operating working capital does the...

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Finance

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Rao Corporation has the following balance sheet. How much net operating working capital does the firm have? Cash $ 10 Short-term investments 30 Accounts receivable Inventory 40 Current assets $130 Net fixed assets 100 50 Accounts payable Accruals Notes payable Current liabilities Long-term debt Common equity Retained earnings Total liab. & equity $ 20 26 50 S 96 54 30 50 $230 Total assets $230 $60.00 $72.60 $66.00 $54.00

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