question archive A firm has an amount of total liabilities of $5,860
A firm has an amount of total liabilities of $5,860
Subject:FinancePrice:2.86 Bought23
A firm has an amount of total liabilities of $5,860. Long term debt is $4,180, total assets are $6,230, and fixed assets are $3,910. What is the net working capital?. Single choice.
$640
$2,050
$4,130
$2,690
$5,590
Purchase A New Answer
Custom new solution created by our subject matter experts
GET A QUOTE
Answer Preview
Net working capital=(current asset - current liabilities)
= (Total asset- fixed asset)-(total liabilities - long-term debt)
= (6230-3910)-(5860-4180)
= 640
Correct answer will be option (A ) 640.
