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Sky Bridge Automation Inc. has the following financial data: • Current Assets = $9,200 Net Fixed Assets = $24,800 Current Liabilities = $6,100 • Long-Term Debt = $13,000 a. What is the value of the shareholders' equity account for this firm? b. How much is the net working capital?

Sky Bridge Automation Inc. has the following financial data: • Current Assets = $9,200 Net Fixed Assets = $24,800 Current Liabilities = $6,100 • Long-Term Debt = $13,000 a. What is the value of the shareholders' equity account for this firm? b. How much is the net working capital?

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
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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Please give me true answer this financial accounting question not use ai and chatgpt

Sky Bridge Automation Inc. has the following financial data: • Current Assets = $9,200 Net Fixed Assets = $24,800 Current Liabilities = $6,100 • Long-Term Debt = $13,000 a. What is the value of the shareholders' equity account for this firm? b. How much is the net working capital?
Transcribed Image Text:Sky Bridge Automation Inc. has the following financial data: • Current Assets = $9,200 Net Fixed Assets = $24,800 Current Liabilities = $6,100 • Long-Term Debt = $13,000 a. What is the value of the shareholders' equity account for this firm? b. How much is the net working capital?
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