Solve this problem KCCO, Inc., has current assets of $5,300,net fixed assets of $24,900, currentliabilities of $4,600, and long-term debtof $10,300.a. What is the value of the shareholders'equity account for this firm?b. How much is net working capital?

To find the required values for shareholders' equity and net working capital, let's go through the…

Answered: KCCO, Inc., has current assets of…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 7EB: Assume Plainfield Manufacturing has debt of $6,500,000 with a cost of capital of 9.5% and equity of...

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KCCO, Inc., has current assets of $5,300, net fixed assets of $24,900, current liabilities of $4,600, and long-term debt of $10,300. a. What is the value of the shareholders' equity account for this firm? b. How much is net working capital?