Bernard Auto has shareholders equity of $121,400. The firm owes a total of $132,000 of which 40%

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Bernard Auto has shareholders equity of $121,400. The firm owes a total of $132,000 of which 40% is payable within the next year. The firm has net fixed assets of $151,620. what is the amount of the net working capital? can you show the work?

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Intermediate Accounting Reporting and Analysis

ISBN: 978-1285453828

2nd edition

Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach

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Posted Date: Mar 11, 2024 05:58 AM

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Bernard Auto has shareholders equity of $121,400. The firm owes a total of $132,000 of which 40%

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To calculate the net working capital we use the formula Net Working Capital Curre... View the full answer

Intermediate Accounting Reporting and Analysis

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