Financial Accounting Oak Ridge Manufacturing Co. has the following financialdata: Current assets: $4,500 Net fixed assets: $8,200Current liabilities: $2,300 Long-term debt: $6,000a. What is the value of the Shareholders' equity account forOak Ridge Manufacturing Co.?b. How much is the net working capital?

Step 1: Define Shareholders' Equity and Net Working CapitalShareholders' Equity: Shareholders'…

Answered: Oak Ridge Manufacturing Co. has the…

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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Oak Ridge Manufacturing Co. has the following financial data: Current assets: $4,500 Net fixed assets: $8,200 Current liabilities: $2,300 Long-term debt: $6,000 a. What is the value of the Shareholders' equity account for Oak Ridge Manufacturing Co.? b. How much is the net working capital?