Question: 1 2004 10 Q 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. O

1 2004 10 Q 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. O O 2 O O O Rao Corporation has the following balance sheet. How much net operating working capital does the firm have? Cash Short-term investments Accounts receivable Inventory Current assets Net fixed assets C. $65.60 OO d. $61.40 O e. $60.00 Total assets Select the correct answer. O a. $62.80 b. $64.20 Icon Key W #3 00 0 F S4 $ $ 10 30 50 40 $130 85 $215 000 R Accounts payable Accruals Notes payable Long-term debt Common equity Retained earnings Total liab. & equity 45 Current liabilities % T MacBook Pro 6 $20 20 35 $75 0 30 50 $215 Y & 7 U 8 ( 9

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