A firm has $200,000 in current assets,$400,000 in long-term assets,$80,000 in current liabilities,and $200,000 in long-term liabilities.What is its net working capital?

Name: A firm has $200,000 in current assets,$400,000 in long-term assets,$80,000 in current liabilities,and $200,000 in long-term liabilities.What is its net working capital?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Net working capital = Current assets - Current liabilities
Net working capital = $200,000 - $80,000
Net working capital = $120,000

A Firm Has $200,000 in Current Assets,$400,000 in Long-Term Assets,$80,000