Solution-How much net working capital does the firm have

How much net working capital does the firm have

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Reference no: EM13523149

Wu Systems has the following balance sheet. How much net working capital does the firm have?

Cash	$ 100	Accounts payable	$ 200
Accounts receivable	650	Accruals	350
Inventory	550	Notes payable	350
Current assets	$1,300	Current liabilities	$900
Net Fixed assets	1,000	Long-term debt	600
Common equity	300
Retained earnings	500
Total assets	$2,300	Total liab. & equity	$2,300

a. $675

b. $750

c. $825

d. $908

e. $998

Reference no: EM13523149

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How much net working capital does the firm have

Reference no: EM13523149

Reference no: EM13523149

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