Question
Heres some info for a company: Total assets = $50,000,000 Fixed assets = $44,000,000 Current ratio = 2 Profit margin = 5% Sales = $40,000,000
Heres some info for a company: Total assets = $50,000,000 Fixed assets = $44,000,000 Current ratio = 2 Profit margin = 5% Sales = $40,000,000 Stockholders equity = $10,000,000
13. What is the companys net working capital? A. $1 million D. $5 million B. $2.5 million E. $7.5 million C. $3 million
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
