A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and accounts receivable of $6,488. How much is the net working capital?
A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and accounts receivable of $6,488. How much is the net working capital?
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 15MCQ: Hummel Inc. has $30,000 in current assets and $15,000 in current liabilities. What is Hummels...
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Question
A firm has long-term debt of $46,400, fixed assets of $35,246, cash of $4,120, accounts payable $7,360, inventory of $21,408, and
A. |
-11,154 |
|
B. |
24,656 |
|
C. |
13,502 |
|
D. |
3,248 |
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