None Sunny Disposition, Inc. has net working capital of $32,500, currentassets of $59,000, equity of $74,500, and long-term debt of$42,500.What is the amount of the net fixed assets?a. $58,000b. $111,000c. $94,600d. $63,900e. $84,500

Net Working Capital (NWC):NWC = Current Assets - Current Liabilities Given NWC = $32,500 and Current…

Answered: Sunny Disposition, Inc. has net working…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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Sunny Disposition, Inc. has net working capital of $32,500, current assets of $59,000, equity of $74,500, and long-term debt of $42,500. What is the amount of the net fixed assets? a. $58,000 b. $111,000 c. $94,600 d. $63,900 e. $84,500