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Net operating working capital of poindexter industries

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Poindexter Industries' balance sheet showed total current assets of $3,500, including a cash balance of $875. This cash balance is excess cash. Its current liabilities consisted of $950 of accounts payable, $775 of 5% short-term notes payable to the bank, and $525 of accrued wages and taxes. What was its net operating working capital?

Reference no: EM132432692

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