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Shareholders' Equity in a Firm Is $500

Question 1

Multiple Choice

Shareholders' equity in a firm is $500. The firm owes a total of $400 of which 75 percent is payable this year. The firm has net fixed assets of $600. What is the amount of the net working capital?


A) -$200
B) -$100
C) $0
D) $100
E) $200

Correct Answer:

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