NNR Inc's balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $475,000 of accounts payable, $375,000 of 6% short-term notes payable to the bank, and $150,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was
NNR's total investor-provided operating capital?
a. $4,694,128
b. $4,941,188
c. $5,201,250
d. $5,475,000
e. $5,748,750
d
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