Wims, Incorporated, has current assets of $3,200, net fixed assets of $19,500, current liabilities of $2,700, and long-term debt of $6,900. a. What is the value of the shareholders' equity account for this firm? Shareholders' equity 4 b. How much is net working capital? Not working capital

Wims, Incorporated, has current assets of $3,200, net fixed assets of $19,500, current liabilities of $2,700, and long-term debt of $6,900. a. What is the value of the shareholders' equity account for this firm? Shareholders' equity 4 b. How much is net working capital? Not working capital

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 7EB: Assume Plainfield Manufacturing has debt of $6,500,000 with a cost of capital of 9.5% and equity of...

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Question

Wims, Incorporated, has current assets of $3,200, net fixed assets of $19,500, current
liabilities of $2,700, and long-term debt of $6,900.
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
27

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