What is the amount of the net fixed assets? Bob Disposition, Inc. has net workingcapital of $32,500, current assets of$59,000, equity of $74,500, and long-term debt of $42,500.What is the amount of the net fixedassets?a. $58,000b. $84,500c. $94,600d. $63,900e. $111,000

Explanation of Net Working Capital: Net working capital represents the difference between a…

Answered: Bob Disposition, Inc. has net working…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...

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Bob Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of $74,500, and long- term debt of $42,500. What is the amount of the net fixed assets? a. $58,000 b. $84,500 c. $94,600 d. $63,900 e. $111,000