Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Brightstone Corp. has current assets of $7,500, net fixed assets of $25,800, current liabilities of $6,300, and long-term debt of $15,200. a. What is the value of the shareholders' equity account for this firm? (Do not round intermediate calculations.) b. How much is the net working capital? (Do not round intermediate calculations.)
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Transcribed Image Text:Brightstone Corp. has current assets of $7,500, net fixed assets of $25,800, current liabilities of $6,300, and long-term debt of $15,200. a. What is the value of the shareholders' equity account for this firm? (Do not round intermediate calculations.) b. How much is the net working capital? (Do not round intermediate calculations.)
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