Shareholders' equity in a firm is $500. The firm owes a total of $400 of which 75 percent is payable this year. In addition, credit sales to customers total 5000 of which 80 percent is due this year  The firm has net fixed assets of $600. What is the amount of the net working capital?    Options :  a. $0 b. $3200 c. $3700 d.  -$4200 e. -$4100

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Shareholders' equity in a firm is $500. The firm owes a total of $400 of which 75 percent is payable this year. In addition, credit sales to customers total 5000 of which 80 percent is due this year  The firm has net fixed assets of $600. What is the amount of the net working capital? 

 

Options : 

a. $0
b. $3200
c. $3700
d.  -$4200
e. -$4100
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