Net Working Capital $($NWC$)$ indicates if a firm can meet it's short$-$term liabilities and fund operations. Some refer to it as a liquidity measure. This question focuses on operating capital.

Net operating working capital $=$ Operating current assets$$Operating current liabilities

Remember financing such as investments and notes are not operating assets or liabilities.

Rao Corporation has the following balance sheet. How much net operating working capital does the firm have?

Cash

$$10$

$$Accounts payable

$$20$

Short$-$term investments$30$Accruals

$20$

Accounts receivable

$50$

$$Notes payable

$50$

Inventory

$40$

$$ Current liabilities

$$90$

$$ Current assets

$$130$

$$Long$-$term debt

$0$

Net fixed assets

$100$

$$Common equity

$30$

$$Retained earnings

$50$

Total assets

$$230$

$$Total liab. & equity

$$230$

Group of answer choices

$$54\mathrm{.}00$

$$60\mathrm{.}00$

$$66\mathrm{.}00$

$$72\mathrm{.}60$

$$79\mathrm{.}86$