Question: 1 According to AEB Systems plc financial statements as of June 2016, the firm had current assets of $6.642 billion, non-current assets of $16.521 billion, current liabilities of $11.283 billion, and non-current liabilities of $6.589 billion. What is the value of the shareholders' equity for AEB Systems? How much is the net working capital? Question: 2 As of April 30, 2017, Marcus Tools has assets of $90,000 and liabilities of $22,000. How much is the owner's equity for Marcus Tools as of April 30, 2017?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 97.1C
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Question: 1

According to AEB Systems plc financial statements as of June 2016, the firm had current assets of $6.642 billion, non-current assets of $16.521 billion, current liabilities of $11.283 billion, and non-current liabilities of $6.589 billion. What is the value of the shareholders' equity for AEB Systems? How much is the net working capital?

Question: 2

As of April 30, 2017, Marcus Tools has assets of $90,000 and liabilities of $22,000.

How much is the owner's equity for Marcus Tools as of April 30, 2017?

 

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