NOWC (Net Operating Working Capital) excludes notes payable as compared with NWC (Net Working Capital)....

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NOWC (Net Operating Working Capital) excludes notes payable as compared with NWC (Net Working Capital). The reason for this because notes payable has interest payments due on them. The above statement is a fact and correct The above statement is incorrect The above statement is partially true There is no difference between NOWC and NWC

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