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Lola Corp. has shareholders' equity of $133,150. The company has a total debt of $124,525, of which60 percent is payable in the next 12 months.

Lola Corp. has shareholders' equity of $133,150. The company has a total debt of $124,525, of which60 percent is payable in the next 12 months. The company also has net fixed assets of $173,520. What is the company's net working capital?

Multiple Choice

  • $48,995
  • $9,440
  • $13,752
  • $8,625
  • $10,429

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