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 Accruals 20Accounts receivable 50 Notes payable 50Inventory 40 Current liabilities $90 Current assets $130 Long-term debt 0Net fixed assets 100 Common equity 30Retained earnings 50Total assets $230 Total liab. & equity $230 Select one:a. $79.86b. $54.00c. $60.00d. $66.00e. $72.60
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