provide correct answer Kroeger, Inc., has current assets of $2,230, net fixed assets of$9,900, current liabilities of $1,380, and long-term debt of$4,040.a. What is the value of the shareholders' equity account for thisfirm?b. How much is net working capital?

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Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter2: Basic Accounting Systems: Cash Basis

Section: Chapter Questions

Problem 10CDQ: Assume that as of January 1, 20Y8, Sylvester Con- suiting has total assets of $500,000 and total...

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Kroeger, Inc., has current assets of $2,230, net fixed assets of $9,900, current liabilities of $1,380, and long-term debt of $4,040. a. What is the value of the shareholders' equity account for this firm? b. How much is net working capital?