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Wims, Inc., has current assets of $3,400, net fixed assets of $24,500, current liabilities of $2,900, and long-term debt of $7,700. 19 a. What is

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Wims, Inc., has current assets of $3,400, net fixed assets of $24,500, current liabilities of $2,900, and long-term debt of $7,700. 19 a. What is the value of the shareholders' eguity account for this firm? b. How much is net working capital? Griffin's Goat Farm, Inc., has sales of $714,000, costs of $215,000, depreciation expense of $44,000, interest expense of $19,000, and a tax rate of 22 percent. What is the net income for this firm? 18 Multiple Choice $340,080 $403,080 $278,920 $384,080 $359,080

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