A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and accounts receivable of $6,488. How much is the net working capital?
A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and accounts receivable of $6,488. How much is the net working capital?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and accounts receivable of $6,488. How much is the net
A. |
-11,154 |
|
B. |
24,656 |
|
C. |
13,502 |
|
D. |
3,248 |
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