Question: Net Operating Working Capital (NOWC) Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020? 2020

 Net Operating Working Capital (NOWC) Using the following balance sheets of

Net Operating Working Capital (NOWC) Using the following balance sheets of Mimi's Gymnastics Inc., what is the net operating working capital (NOWC) for 2020? 2020 90 110 1,200 900 $2,300 2,200 $4,500 Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total common equity Total liabilities and equity $ 600 200 180 $ 980 800 $1,780 2,200 520 $2,720 $4,500 If it is not too much to ask can you explain how to use a financial calculator step-by-step please? Thanks

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