Question
Sankey, Inc., has current assets of $5,000, net fixed assets of $23,300, current liabilities of $4,450, and long-term debt of $11,000.(Do not round intermediate calculations.)
| Sankey, Inc., has current assets of $5,000, net fixed assets of $23,300, current liabilities of $4,450, and long-term debt of $11,000.(Do not round intermediate calculations.) |
| What is the value of the shareholders' equity account for this firm? |
| Shareholders' equity | $ |
| How much is net working capital? |
| Net working capital | $ |
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International Financial Reporting A Practical Guide
Authors: Alan Melville
6th edition
1292200743, 1292200766, 9781292200767, 978-1292200743
