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Q6. Benard Auto Repair has shareholders' equity of $121,400. The firm owes a total of $132,000 of which 40% is payable within the next year.

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Q6. Benard Auto Repair has shareholders' equity of $121,400. The firm owes a total of $132,000 of which 40% is payable within the next year. The firm has net fixed assets of $151,620. What is the amount of the net working capital? HINT: Working Capital = Current assets - Current liabilities

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