Fungal Boiling Tea Inc. has fixed assets of $27,730. The company has long-term debt of $34,780 and note-payables (short-term) of $16,920, as well as stockholder equity of $5,875. What is the amount of net working capital?

Sweat Gains Fitness Centers Corp. paid $823 in dividends and $1,692 in interest expense in 2020. The addition to retained earnings was $1,280.75 and net new equity is $705. The average tax rate was 21 percent. Sales were 42,770 and depreciation was $1,645. What were the earnings before interest and taxes in 2020, to the nearest dollar?

Answer rating: 100% (QA)

The amount of net working capital for Fungal Boiling Tea Inc can be calculated as follows Net Workin... View the full answer