Question

What liabilities are subtracted from current assets to find net operating working capital? a. accounts payable b. accruals (accrued taxes and wages) c. notes payable d. Both A and B e. All of the above

Answer 1

Answer:

The answer is no but E.

Explanation:

The answer is all of the above.

Net working capital is the difference between current asset and current liability.

Current assets are the type of assets that have a life-span of a year or less e.g inventory

Current liability is the obligation that must be repaid within a year. For example, accounts payable, notes payable, accruals etc.

Therefore, all of the above is the answer