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Long-term debt = $420,000, shareholders equity = $110,000, total liabilities = $500,000, net fixed assets are three times as much as current assets. 1) What

Long-term debt = $420,000, shareholders’ equity = $110,000, total liabilities = $500,000, net fixed assets are three times as much as current assets.

 1) What are net fixed assets? 

2) What is net working capital?

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To find the net fixed assets we first need to determine the value of current assets We know that tot... blur-text-image

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