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WITCHER [35]
4 years ago
13

A company has net working capital of $2,204, current assets of $6,475, equity of $22,215, and long-term debt of $10,535. What is

the company's net fixed assets?
Business
1 answer:
kherson [118]4 years ago
4 0

Answer:

Net fixed assets is $30546.

Explanation:

Given the net working capital = $2204

The current assets of the company = $6475

The equity of the company = $22215

Long term debt of the company = $10535

Net Working Capital = Current Assets – Current Liabilities

2204 = 6475 – current liabilities

Current liabilities  = 6475 – 2204 = 4271

Total assets = Current Liabilities + Long term Debt + Total Equity

= 4271 + 10535 + 22215

= $37021

Total Liabilities and Stockholders Equity = Total Assets

Total assets = $37021

Total Assets = Current Assets + Net Fixed Assets

37021 = 6475 + net fixed assets

Net fixed assets = 37021 – 6475 = $30546

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Answer:

1,000,000

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200,000  x 500/100 = 200,000 x 5 = 1,000,000

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3 years ago
The curvilinear relationship of corporate performance and diversification indicates that:_____.
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7 0
2 years ago
Which is an example of a cultural block
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3 years ago
Chang Lee is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of
Allisa [31]

Answer:

C) In today's dollars, Chang Lee's money is worth more than Soo Lee's

Explanation:

The present value of receipts 6 year hence of amount $20,000 discounted at 7% rate would be: Discounting factor of 1 $ for 6 years at 7 % i.e expressed as:

\frac{20000}{(1\ +\ .07)^{6} }

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