Zantel Inc. has current assets of $4,700, net fixed assets of $24,300, short-term debt of $1,000, total current liabilities (including short-term debt) of $4,100, and long-term debt of $14,000. What is the value of Zantels total equity on balance sheet? (5 points)

What is the amount of net working capital? (5 points)

What is the debt/equity ratio? If the industry average debt/equity is 1.5x and keeping equity constant, how much debt should the firm add/reduce to match industry average? (10 points)