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Sunday, 8 September 2013

Arredondo, Inc., has current assets of $2,290, net fixed assets of $10,500, current liabilities of $1,410, and long-term debt of $4,100. Requirement 1: What is the value of the shareholders’ equity account for this firm? (Do not include the dollar sign ($).) Shareholder's equity $ Requirement 2: How much is net working capital? (Do not include the dollar sign ($).) Net working capital $

Arredondo, Inc., has current assets of $2,290, net fixed assets of $10,500, current liabilities of $1,410, and long-term debt of $4,100.

Requirement 1:
What is the value of the shareholders’ equity account for this firm? (Do not include the dollar sign ($).)
 
  Shareholder's equity  $   

Requirement 2:
How much is net working capital? (Do not include the dollar sign ($).)
 
  Net working capital  $  

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