Prezas Company's balance sheet showed total current assets of $2,500,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 operating working capital?
A) $1,173
B) $1,199
C) $1,301
D) $1,326
E) $1,275
Correct Answer:
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