Wims, Inc., has current assets of $5,760, net fixed assets of $25,500, current liabilities of $5,200, and long-term debt of $12,500. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.) b. How much is net working capital? (Do not round intermediate calculations.)
Wims, Inc., has current assets of $5,760, net fixed assets of $25,500, current liabilities of $5,200, and long-term debt of $12,500. a. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.) b. How much is net working capital? (Do not round intermediate calculations.)
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
Section: Chapter Questions
Problem 1PS
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Wims, Inc., has current assets of $5,760, net fixed assets of $25,500, current liabilities of $5,200, and long-term debt of $12,500. |
| a. | What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.) |
| b. | How much is net working capital? (Do not round intermediate calculations.) |
Transcribed Image Text:Wims, Inc., has current assets of $5,760, net fixed assets of $25,500, current liabilities of
$5,200, and long-term debt of $12,500.
a. What is the value of the shareholders' equity account for this firm? (Do not round
intermediate calculations.)
b. How much is net working capital? (Do not round intermediate calculations.)
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