Question
A firm has current assets of $25,000, current liabilities of $25,000, long term assets of $100,000, long term liabilities of $50,000, and $50,000 in shareholders'
A firm has current assets of $25,000, current liabilities of $25,000, long term assets of $100,000, long term liabilities of $50,000, and $50,000 in shareholders' equity. What is its net working capital?
Multiple Choice
- $0
- $50,000
- $100,000
- $25,000
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
