Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Kindly help me with general accounting question

Alesha, Inc., has current assets of $6,000,
net fixed assets of $23,200, current
liabilities of $5,600, and long-term debt of
$13,600.
a. What is the value of the shareholders'
equity account for this firm?
b. How much is net working capital?
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Transcribed Image Text:Alesha, Inc., has current assets of $6,000, net fixed assets of $23,200, current liabilities of $5,600, and long-term debt of $13,600. a. What is the value of the shareholders' equity account for this firm? b. How much is net working capital?
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