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?

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?

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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Question

Please provide answer the following requirements on these financial accounting question

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?

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