If a company has current assets of $572,000 and current liabilities of $246,000, what is its working capital? (A) $60,000 (B) $80,000 (C) $100,000 (D) $120,000 (E) $326,000
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If a company has current assets of $572,000 and current liabilities of $246,000, what is its working capital? (A) $60,000 (B) $80,000 (C) $100,000 (D) $120,000 (E) $326,000
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- Provide answerMcRae Corporation's total current assets are $380,000, its noncurrent assets are $500,000, its total current liabilities are $340,000, its long-term liabilities are $250,000, and its stockholders' equity is $290,000. How much is the working capital? A. $290,000 B. $380,000 C. $40,000 D. $250,000King Industries has net working capital of $17,700, current assets of $39,800, equity of $55,400, and long-term debt of $11,800. What is the amount of the net fixed assets?
- 27. Working Capital Calculation If a company's current assets are $75,000 and current liabilities are $50,000, what is the working capital? . A) $15,000 • B) $20,000 . C) $25,000 • D) $30,000Suppose a firm has the following information: Operatingcurrent assets = $2.7 million; operating current liabilities =$1.5 million; long-term bonds = $3 million; net plant andequipment = $7.8 million; and other long-term operating assets =$1 million. How much is tied up in net operating workingcapital (NOWC)? ($1.2 million) How much is tied up in total netoperating capital? ($10 million)Arredondo, Inc., has current assets of $4,957, net fixed assets of $14,890, current liabilities of $4,928, and long-term debt of $9,593. How much is net working capital?
- 7. New World has total assets of $31,300, long-term debt of $8,600, net fixed assets of $20,300, and owners' equity of $21,100. What is the value of the net working capital?A firm has $820 in inventory, $3,200 in fixed assets, $670 in accounts receivable, $390 in accounts payable, $500 in long-term debt, and $360 in cash. What is the amount of the net working capital?Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $391,000, Accounts receivable = $191,000, Inventory = $91,000, Accrued wages and taxes = $10,900, Accounts payable = $309,000, and Notes payable = $609,000. What is Campus's net working capital? Multiple Choice $1,601,900 О $673,000 О -$255,900 $928,900