Net Working Capital Assignment
February 24th, 2020
3. Kangaroo company is selling seeds of tomatoes. At the end of the most recent year, the firm had current assets of $50,000, net fixed assets of $250,000, current liabilities of $30,000, and long term debt of $100,000. a. Calculate Kangaroo's stockholders equity.
b. What is the firm net working capital? c. If Kangaroo's current liabilities consist of $20,000 in account payable and $10,000 in short term debt (note payable). What is the firm net working capital? .