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stealth61 [152]
2 years ago
8

The Green Carpet has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 a

nd net fixed assets of $323,700. The owners' equity has a book value of $191,400. What is the amount of the net working capital?
Business
1 answer:
quester [9]2 years ago
6 0

Answer:

The answer is: $47,700

Explanation:

To determine net working capital we use the following formula:

Net working capital = total current assets - total current liabilities

  • Current assets: assets that can be converted to cash within a on year period (e.g. cash, account receivables, inventory, etc.)
  • Current liabilities: debts that should be paid within a one year period (e.g. accounts payable, wages, taxes, etc.)

Net working capital = $119,800 (current assets = total assets - net fixed assets) - $72,100 (current liabilities)

Net working capital = $47,700

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Aleks04 [339]

Answer:

$27,900

Explanation:

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7 0
2 years ago
In the case of dormant cracks wider than about 1m, it is more economical to use ____________
Bad White [126]

Answer:

B. Grouting

Explanation:

These are the options for the question;

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8 0
2 years ago
A description of the processes you use to ensure that results meet the specified quality standards is a _____.
gulaghasi [49]

Answer:

d. quality assurance plan

:

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7 0
2 years ago
Read 2 more answers
A corporation issues $92,000, 8%, 5-year bonds on January 1, for $96,140. Interest is paid semiannually on January 1 and July 1.
PilotLPTM [1.2K]

Answer:

$3,266

Explanation:

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Aleks04 [339]
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2 years ago
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