9. The balance sheet of Kurtze, Inc. shows the following account balances: inventory, P2,900, accounts payable, P2,700, equipment, P5,100, accounts receivable, P1,200, building, P79,500, mortgage, P68,600, notes payable, current, P1,500 and cash, P950. How much net working capital does Kurtze, Inc. have?

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Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.