A company has net working capital of $2,507, current assets of $6,650, equity of $22,530, and long-term debt of $10,640. What is
1 answer:
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Answer:
The correct answer is "$9450".
Explanation:
Given:
Payoff from investment,
= $6000
Lending to bank,
=
=
Now,
At 15% interest,
The amount to be received from bank will be:
=
=
=
= ($)
hence,
In her old age, most she can assume will be:
=
= ($)