Problemred roofs inc has current liabilities of 24300 and, Ask an Expert

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Problem:

Red Roofs, Inc. has current liabilities of $24,300 and accounts receivable of $7,800. The firm has total assets of $43,100 and net fixed assets of $23,700. The owners' equity has a book value of $21,400.

Required:

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

Note: Explain all steps comprehensively.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M91149336

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