KCCO, Inc., has current assets of $6,000, net fixed assets of $25,100, current l

Question

KCCO, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations.) Shareholders' equity $ How much is net working capital? (Do not round intermediate calculations.) Net working capital $

KCco, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long- term debt of $12,000 What is the value of the shareholders' equity account for this firm? (Do not round intermediate calculations.) Shareholders' equity How much is net working capital? (Do not round intermediate calculations.) Net working capital $

Explanation / Answer

1. value of share holders equity = $14,150.

2. working capital = $1,050.

working capital = current assets - current liabilities =>$6,000 - $4,950 =>$1,050.

Current assets $6,000 net fixed assets $25,100 less:current liabities ($4,950) less: long term debt ($12,000) share holder's equity $14,150

Related Questions

Navigate

• Browse (All)
• Browse K
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.