Prezas Company's balance sheet showed total current assets of $4,250, all of which were required in operations. Its current liabilities consisted of $975 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. What was its net working capital?
A) $2,874
B) $3,025
C) $3,176
D) $3,335
E) $3,502
Correct Answer:
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