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A firm has total equity of $3,082, long-term debt of $900, net working capital of $213,...

A firm has total equity of $3,082, long-term debt of $900, net working capital of $213, and current liabilities of $380. What is the amount of the net fixed assets? Group of answer choices

$2,726

$4,149

$3,769

$3,389

Solutions

Expert Solution

==> Net working capital=Current assets-Current laibilities

213=Current assets-380

Current assets=593

==> Total assets=Total equity+Long term debt+Current liabilities=3082+900+380=4362

==> Total assets=Net Fixed assets+Current assets

4362=Net Fixed assets+593

Net Fixed assets=4362-593=3769

Option C is correct

jeff jeffy answered 2 years ago
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