5. At the end of the year, Kiehnau Kicks had $11,400 in inventory, $23,470 in fixed...

 

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5. At the end of the year, Kiehnau Kicks had $11,400 in inventory, $23,470 in fixed assets, $13,240 in accounts receivable, $9,760 in accounts payable, $5,350 in long-term debt, and $4,820 in cash. How much net working capital did the firm have? A) $19,700 B) $37,820 C) $29,460 D) $39,220 E) $52,930 5. At the end of the year, Kiehnau Kicks had $11,400 in inventory, $23,470 in fixed assets, $13,240 in accounts receivable, $9,760 in accounts payable, $5,350 in long-term debt, and $4,820 in cash. How much net working capital did the firm have? A) $19,700 B) $37,820 C) $29,460 D) $39,220 E) $52,930

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