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Crandall Oil Company has net fixed assets of $161,900 and has shareholders' equity of $141,800. The firm owes a total of $136,000 of which 60
Crandall Oil Company has net fixed assets of $161,900 and has shareholders' equity of $141,800. The firm owes a total of $136,000 of which 60 percent is payable within the next year. What is the amount of Crandall's net working capital?
$30,300 | ||
$34,300 | ||
$43,900 | ||
$48,900 | ||
$53,300 |
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