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  1. business
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  3. assets cash $10,000 accounts receivable: $25,000 i

Assets Cash $10,000 Accounts Receivable: $25,000 Inventory; $40,000 Fixed Assets; $200,000 Total $275,000 ...

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Question

Accounting

Assets

Cash $10,000

Accounts Receivable: $25,000

Inventory; $40,000

Fixed Assets; $200,000

Total $275,000

Liabilities & Equity

Accounts Payable $ 4,000

Notes Payable: $ 6,000

Long-term debt $100,000

Equity $165,000

Total $275,000

a. How much working capital does the firm have?

b. How much net working capital; does the firm have?

c. What are the current ratio and the total debt to total asset ratio?

d. What working capital financial approach is being followed?

Answer & Explanation Solved by verified expert
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