Flum Packages, Inc. Assets Liabilities & Equity Current assets $12,000 Current Liabilities $ 5,000 Fixed assets 18,000 Long-term debt 12,000 Equity 13,000 Total $30,000 Total $30,000 27) The company earns 5 percent on current assets and 15 percent on fixed assets. The firm's current liabilities cost 7 percent to maintain and the average annual cost of long-term funds is 20 percent. The firm's initial net working capital is (See Table 14.2) A) $ 5,000. B) $10,000. C) $7,000. D) -$ 5,000