Your company has current assets of $250 million, total assets of $395 million and long term debt of $116 million. The net working capital is $19 million. 1. What is the amount of the current liabilities? 2. What is the amount of the total equity? Answers on

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Your company has current assets of $250 million, total assets of
$395 million and long term debt of $116 million. The net working
capital is $19 million.
1. What is the amount of the current liabilities?
2. What is the amount of the total equity?
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ISBN:
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OpenStax College