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Problem:

Moros Inc. has current liabilities of $9,500 and long-term debt of $4,100. The firm has total assets of $37,200 and net fixed assets of $16,800.

Required:

Question: What is the amount of the net working capital?

Note: Please provide equation and explain comprehensively and give step by step solution.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91167896

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