Question: (2-17) NET OPERATING WORKING CAPITAL (NOWC) Using the following balance sheet of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020

(2-17) NET OPERATING WORKING CAPITAL (NOWC) Using the following balance sheet

(2-17) NET OPERATING WORKING CAPITAL (NOWC) Using the following balance sheet of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020 ? Mimis Gymnastics Inc.: Balance Sheets as at December 31 (Millions of Dollars) Answer: NOWC=$1,390 million

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