Kroeger, Inc., has current assets of $1,970, net fixed assets of $9,650, current
ID: 2815780 • Letter: K
Question
Kroeger, Inc., has current assets of $1,970, net fixed assets of $9,650, current liabilities of $1,520, and long-term debt of $4,370. (Enter your answer as directed, but do not round intermediate calculations.)
What is the value of the shareholders’ equity account for this firm?
How much is net working capital?
Kroeger, Inc., has current assets of $1,970, net fixed assets of $9,650, current liabilities of $1,520, and long-term debt of $4,370. (Enter your answer as directed, but do not round intermediate calculations.)
Explanation / Answer
the value of the shareholders’ equity account for this firm
=1970+9650-1520-4370
=5730
How much is net working capital
=1970-1520
=450
the above is answer..
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