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River Bridge Inc. has: -Current assets = $7,800 -Net fixed assets = $31,600 -Current liabilities = $5,200 -Long-term debt = $11,400 a. What is the value of the shareholders' equity? b. What is the net working capital?

River Bridge Inc. has: -Current assets = $7,800 -Net fixed assets = $31,600 -Current liabilities = $5,200 -Long-term debt = $11,400 a. What is the value of the shareholders' equity? b. What is the net working capital?

Principles of Accounting Volume 2
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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Please provide the solution to this financial accounting question with accurate financial calculations.

River Bridge Inc. has: -Current assets = $7,800 -Net fixed assets = $31,600 -Current liabilities = $5,200 -Long-term debt = $11,400 a. What is the value of the shareholders' equity? b. What is the net working capital?
Transcribed Image Text:River Bridge Inc. has: -Current assets = $7,800 -Net fixed assets = $31,600 -Current liabilities = $5,200 -Long-term debt = $11,400 a. What is the value of the shareholders' equity? b. What is the net working capital?
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