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Question 6: If total assets = $550, fixed assets = $375, current liabilities = $140, equity = $265, long-term debt = $145, and current assets
Question 6: If total assets = $550, fixed assets = $375, current liabilities = $140, equity = $265, long-term debt = $145, and current assets is the only remaining item on the statement of financial position, what is the value of (1 Point) net working capital? -$265 $35 O $190 O $230 O $265 Question 7: A firm has recently purchased Class 10 equipment for $100,000 with a CCA rate of 30%. Under the half- year rule, what is the amount of depreciation that the firm can claim as a tax-deductible expense in the (1 Point) second year? O $15.000 $25.500 $30.000 $42000 $45,000
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