Your company has current assets of $250 million, total assets of $395 million and long term debt of $116 million. The net working capital is $19 million. 1. What is the amount of the current liabilities? 2. What is the amount of the total equity? Answers on

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 2P: Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $25 million in...
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Your company has current assets of $250 million, total assets of
$395 million and long term debt of $116 million. The net working
capital is $19 million.
1. What is the amount of the current liabilities?
2. What is the amount of the total equity?
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