Gustav Corporation's balance sheet shows the following information: - Total current assets of $3225, all of which

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Gustav Corporation's balance sheet shows the following information:

- Total current assets of $3225, all of which were required in operations.

- Accounts payable of $750

- Short-term notes payable to the bank of $875 at 6%

- Accrued wages and taxes of $1000

What was Gustav's net operating working capital?

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Accounting Principles

ISBN: 978-1118342190

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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Posted Date: Apr 13, 2023 11:52 PM

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Gustav Corporation's balance sheet shows the following information: - Total current assets of $3225, all of which

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Accounting Principles

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