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A firm has net working capital of $3,000, long-term debt of $8,000, total asset of $20,300, and fixed assets of $13,500. What is the amount
A firm has net working capital of $3,000, long-term debt of $8,000, total asset of $20,300, and fixed assets of $13,500. What is the amount of shareholder's equity?
$8,500
$7,000
$6,000
We do not have sufficient information to answer this question.
A firm has ROA (Return on Assets) of 16% and has the debt-equity ratio of 50%. What's the equity multiplier?
1.30
1.43
1.50
We do not have sufficient information to answer this question.
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