In: Finance
A firm has $870 inventory, $2,110 in fixed assets, $890 in accounts receivables, $480 in net working capital, and $340 in cash. What is the amount of the current liabilities?
Group of answer choices
$830
$1,620
$3,730
$490
Current assets = inventory + accounts receivable + cash
=870 + 890 + 340
=2100
net working capital = current assets - current liabilities
480 = 2100- current liabilities
current liabilities = 2100-480
=1620
So current liabilities is $1620