jarobi04

WC = Change in current assets - Change in curent Liabilities
= (change in current assets - cash and equiv) - (current liabilities - notes payable - current
portion of LT debt)



NOA = Net Assets - Net Liabilities
= (Total Assets - cahs and equiv) - (Total liab - Total Debt)


Monetary assets are cash and receivables, and liabilities include all debt and AP