Wims, Inc., has current assets of $4,100, net fixed assets of $14,500, current liabilities of $3,600,...

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Wims, Inc., has current assets of $4,100, net fixed assets of $14,500, current liabilities of $3,600, and long-term debt of $

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Answer 1

Answer #1

Ans a) $ 9200

Shareholders equity = Current Assets + Fixed Assets - Current Liabilities - Long Term Debt

= 4100 + 14500 - 3600 - 5800

= $ 9200

Ans b) $ 500

Net Working Capital = Current Assets - Current Liabilities

= 4100 - 3600

= $ 500

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Answer 2

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