Question: please answer both questions, they are multiple choice 20.. Prezas Company's balance sheet showed total current assets of $3,250, all of which were required in

please answer both questions, they are multiple choice
please answer both questions, they are multiple choice 20.. Prezas Company's balance

20.. Prezas Company's balance sheet showed total current assets of $3,250, all of which were required in operations. Its current liabilities consisted of $975 of accounts payable, $600 of 6% short-term notes payable to the bank, and $250 of accrued wages and taxes. What was its net operating working capital? a. $1,620 b. $1,701 c. $2,309 d. $1,721 e. $2.025 21. Rao Construction recently reported $20.00 million of sales, $12.60 million of operating costs other than depreciation, and S3.00 million of depreciation. It had $8.50 million of bonds outstanding that carry a 7.0% interest rate, and its federal- plus-state income tax rate was 40%. What was Rao's operating income, or EBIT, in millions? a. $4.27 b. $3.83 c. $3.56 d. $4.40 e. $3.87

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