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?

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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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.

-11,154

  B.

24,656

  C.

13,502

  D.

3,248

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