Question

MC algo 2-16 Total Equity You find the following financial information about a company networking capital - $1,368;fixed asse

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Answer #1

The correct answer is $ 4702

Explanation and calculation

Total equity

= net working capital + fixed assets- long term liabilities

= 1368 + 8001 - 4667

= $ 4702

Thus the correct answer is equity = $ 4702

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