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25 June, 07:56

Bear tracks, inc., has current assets of $2,180, net fixed assets of $9,400, current liabilities of $1,355, and long-term debt of $3,990. What is the value of the shareholders' equity account for this firm? (do not round intermediate calculations and round your answer to the nearest whole number,

e. G., 32.) shareholders' equity $ 6235 how much is the company's net working capital? (do not round intermediate calculations and round your answer to the nearest whole number,

e. G., 32.) net working capital $ 825 hintsreferencesebook & resources hint #1

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  1. 25 June, 08:38
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    (a) Total assets = Current assets + Fixed assets

    Total assets = 2180 + 9400 = 11,580

    Total liabilities = Current liabilities + long term debt

    Total liabilities = 1355+3990 = 5,345

    According t the accounting equation, Stockholders equity = Total assets - Total liabilities = 11,580-5,345 = 6,235

    Stockholders equity = $6,235

    (b) Working capital = Current assets - Current liabilities

    Working Capital = 2180-1355

    Working Capital = $825
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