A company has net working capital of $2,845, current assets of $6,775, equity of $22,755, and long-term debt of $10,715. What is the company's net fixed assets? B D $29,540 $30,625 $26,695 $40,245 $25,600 h

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 19P
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A company has net working capital of $2,845, current assets of $6,775, equity of $22,755, and long-term debt of $10,715.
What is the company's net fixed assets?
$29,540
$30,625
$26,695
$40,245
E) $25,600
Transcribed Image Text:A company has net working capital of $2,845, current assets of $6,775, equity of $22,755, and long-term debt of $10,715. What is the company's net fixed assets? $29,540 $30,625 $26,695 $40,245 E) $25,600
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