Penguin Pucks, Inc., has current assets of $7,000, net fixed assets of $25,800, current liabilities of $6,600, and long-term debt of $15,600. What is the value of the shareholders?
Penguin Pucks, Inc., has current assets of $7,000, net fixed assets of $25,800, current liabilities of $6,600, and long-term debt of $15,600. What is the value of the shareholders?
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Transcribed Image Text:Penguin Pucks, Inc., has current assets of
$7,000, net fixed assets of $25,800, current
liabilities of $6,600, and long-term debt of
$15,600. What is the value of the
shareholders?
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