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ABC Ltd has the following data information as of 30 June 2022: Current assets of $ 6,970 Net fixed assets of $18,700 Current liabilities of
ABC Ltd has the following data information as of 30 June 2022:
Current assets of $ 6,970
Net fixed assets of $18,700
Current liabilities of $4,570
Long term debts of $9,490
I) Calculate shareholders equity and prepare a balance sheet for the company for the period.
II) How much is net working capital of the company?
III) Calculate the return on assets of the company given the return on equity is 20%.
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