Question

In: Finance

Your firm has the following data from the balance sheet: The current liabilities $ 805,000 Total...

Your firm has the following data from the balance sheet: The current liabilities $ 805,000 Total assets $ 2,655,000 Fixed and other assets $ 1,770,000 Long term debt $ 200,000

a. what is the amount of current assets? b. What is the amount of stockholders equity of the firm? c. What is the amount of Net working capital of the firm?

Expert Solution

Given,

Current liabilities = $805000

Total assets = $2655000

Fixed and other assets = $1770000

Long term debt = $200000

Solution :-

(a)

Current assets = Total assets - Fixed and other assets

= $2655000 - $1770000 = $885000

(b)

Stockholders' equity = Total assets - Current liabilities - Long term debt

= $2655000 - $805000 - $200000 = $1650000

(c)

Net working capital = Current assets - Current liabilities

= $885000 - $805000 = $80000

jeff jeffy answered 2 years ago

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