Shareholders' equity in a firm is $500. The firm owes a total of $400 of which 75

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Question:

Shareholders' equity in a firm is $500. The firm owes a total of $400 of which 75 percent is payable this year. In addition, credit sales to customers total 5000 of which 80 percent is due this year The firm has net fixed assets of $600. What is the amount of the net working capital?

Select one:

a. $3700

b. $0

c. -$4100

d. -$4200

e. $3200