Question

The year-end balance sheet of Fine Foods Inc. reports operating assets of $8,234 million, operating liabilities...

The year-end balance sheet of Fine Foods Inc. reports operating assets of $8,234 million, operating liabilities of $3,099 million, and total liabilities of $4,676 million.

Fine Food’s average net operating assets are:

Select one:

a. $5,135 million

b. $8,234 million

c. There is not enough information to calculate the amount.

d. $11,333 million

e. $3,558 million

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