Below is the balance sheet for Glucose Control Company as of Dec. 31, 2022.

Assets			Liabilities and Equity
Cash	14,000		Accounts payable	21,000
Marketable securities	2,000		Notes payable	6,000
Accounts receivable	5,000		Total current liabilities	27,000
Inventory	39,000		Long-term debt	95,000
Total current assets	60,000		Total liabilities	122,000
Machines	34,000		Paid-in capital	20,000
Real estate	80,000		Retained earnings	32,000
Total fixed assets	114,000		Total equity	52,000
Total assets	174,000		Total liab. & equity	174,000

What is the company's net operating working capital (NOWC)?

Answer rating: 100% (QA)

NOWC CashInventoriesAccounts recievableAccounts ... View the full answer