Allianze Ltd has the following data information as of 30 June 2022:• Current assets of $ 6,970• Net fixed assets of $18,700• Current liabilities of $4,570• Long term debts of $9,490.Required:How much is net working capital of the company?Calculate the return on assets of the company given the return on equity is 20%

Lets understand the basics. Working capital is a capital required to run day to day business…

Answered: Allianze Ltd has the following data…

Allianze Ltd has the following data information as of 30 June 2022: • Current assets of $6,970 • Net fixed assets of $18,700 Current liabilities of $4,570 Long term debts of $9,490.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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