Answered: A company has total equity of $2,175,…

A company has total equity of $2,175, net working capital of $245, long-term debt of $1, 080, and current liabilities of $4,710. What is the company's net fixed assets?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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A company has total equity of $2,175, net working capital of $245, long-term debt of $1, 080, and current liabilities of $4,710. What is the company's net fixed assets?

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