Burnett, Inc., has current assets of $6,800, net fixed assets of $29,400, current liabilities of $5,400, and

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Burnett, Inc., has current assets of $6,800, net fixed assets of $29,400, current liabilities of $5,400, and long-term debt of $13,100. What is the value of the shareholders’ equity account for this firm? How much is net working capital?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 02, 2018 09:03 AM

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Burnett, Inc., has current assets of $6,800, net fixed assets of $29,400, current liabilities of $5,400, and

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To find owners equity we must construct a balance sheet ...View the full answer

Corporate Finance Core Principles and Applications

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