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In: Finance
1 Building a Balance Sheet KCCO, Inc. has current assets of $5,300, net fixed assets of $23,900,...
1 Building a Balance Sheet KCCO, Inc. has current assets of $5,300, net fixed assets of $23,900, current liabilities of $4,100, and long-term debt of $10,600. What is the value of shareholder’s equity for this firm? How much is net working capital?
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Expert Solution
| a. | Shareholders Equity | = | Total assets | - | Total Liabilities | |
| = | $ 29,200 | - | $ 14,700 | |||
| = | $ 14,500 | |||||
| Where, | ||||||
| # 1: Calculation of total assets | ||||||
| Current Assets | $ 5,300 | |||||
| Net Fixed Assets | $ 23,900 | |||||
| Total assets | $ 29,200 | |||||
| # 2: Calculation of total liabilities | ||||||
| Current Liabilities | $ 4,100 | |||||
| Long-term debt | $ 10,600 | |||||
| Total Liabilities | $ 14,700 | |||||
| b. | Net Working Capital | = | Current assets | - | Current Liabilities | |
| = | $ 5,300 | - | $ 4,100 | |||
| = | $ 1,200 |
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