Skyline Ltd. has the following financial data: • Current assets: $12,500 • Net fixed assets: $45,000 • Current liabilities: $9,300 • Long-term debt: $27,700 a. What is the value of shareholders' equity? b. What is the net working capital?
Skyline Ltd. has the following financial data: • Current assets: $12,500 • Net fixed assets: $45,000 • Current liabilities: $9,300 • Long-term debt: $27,700 a. What is the value of shareholders' equity? b. What is the net working capital?
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:Skyline Ltd. has the following financial data:
• Current assets: $12,500
•
Net fixed assets: $45,000
•
Current liabilities: $9,300
•
Long-term debt: $27,700
a. What is the value of shareholders' equity?
b. What is the net working capital?
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