Answer : Net Operating Working Capital = Operating current assets - Operating current liabilities = $3000 - $(995 + 250) = 3000 - 1245 = $1755
* note payable is a financing item.
s pts Valero Energy's balance sh required in operations (i.e, no excess heet st total current...
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?