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Rhodes Company’s balance sheet showed total current assets of $12,500, all of which were required in operations. Its current liabilities consisted of $2,868 of accounts payable, $1,765 of 6% short-term notes payable to the bank, and $735 of accrued wages and taxes. What was its net operating working capital?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91729311

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