wu systems has the following balance sheet how much net working capital does the fir 465392
Wu Systems has the following balance sheet. How much net working capital does the firm have?
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wu systems has the following balance sheet how much net working capital does the fir 465392
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|
Cash |
$ 100 |
Accounts payable |
$ 200 |
|
Accounts receivable |
650 |
Accruals |
350 |
|
Inventory |
550 |
Notes payable |
350 |
|
Current assets |
$1,300 |
Current liabilities |
$900 |
|
Net Fixed assets |
1,000 |
Long-term debt |
600 |
|
Common equity |
300 |
||
|
Retained earnings |
500 |
||
|
Total assets |
$2,300 |
Total liab. & equity |
$2,300 |
a. $675
b. $750
c. $825
d. $908
e. $998
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