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Ronch [10]
3 years ago
6

A company has net working capital of $2,077. If all its current assets were liquidated, the company would receive $6,001. What a

re the company's current liabilities?
Business
1 answer:
djyliett [7]3 years ago
6 0

Answer:

The current liability is $$3,924

Explanation:

Net working capital is calculated by subtracting current Liability of a business from its current asset.

i.e Net working capital = current asset - current Liability

In this question, net working capital is $2,077 while current asset is $6,001.

Therefore current liability = current asset - net working capital.

$6,001 - $2,077

=$3,924.

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Wallace Publishers Inc. collects 50% of its sales on account in the month of the sale and 50% in the month following the sale. I
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Explanation:

Giving the following information:

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