Wims, Incorporated, has current assets of $3,700, net fixed assets of $20,500, current liabilities of $3,200, and long-term debt of $6,000. a. What is the value of the shareholders' equity account for this firm? Shareholders' equity b. How much is net working capital? Net working capital

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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Wims, Incorporated, has current assets of $3,700, net fixed assets of $20,500, current
liabilities of $3,200, and long-term debt of $6,000.
a. What is the value of the shareholders' equity account for this firm?
Shareholders' equity
b. How much is net working capital?
Net working capital
Transcribed Image Text:Wims, Incorporated, has current assets of $3,700, net fixed assets of $20,500, current liabilities of $3,200, and long-term debt of $6,000. a. What is the value of the shareholders' equity account for this firm? Shareholders' equity b. How much is net working capital? Net working capital
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