Prezas Company's balance sheet showed total current assets of $2,500, 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. $1,173
B. $1,199
C. $1,301
D. $1,326
E. $1,275


Answer: E

Business

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