Share Holders Equity = Current Assets + Net Fixed Assets - Current.pdf
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The document calculates shareholder's equity as $6,520 using the formula that includes current assets, net fixed assets, current liabilities, and long-term debt. It also determines working capital to be $840 by subtracting current liabilities from current assets. The figures used in these calculations are provided clearly.
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Share Holders Equity = Current Assets + Net Fixed Assets - Current.pdf
- 1. Share Holder's Equity = Current Assets + Net Fixed Assets - Current Liabilities - Long term Debt = $ 2210 +$ 9700 - $ 1370 - $ 4020 = $ 6,520 Working Capital = Current Assets - Current Liabilities = $ 2,210 - $ 1,370 = $ 840 Solution Share Holder's Equity = Current Assets + Net Fixed Assets - Current Liabilities - Long term Debt = $ 2210 +$ 9700 - $ 1370 - $ 4020 = $ 6,520 Working Capital = Current Assets - Current Liabilities = $ 2,210 - $ 1,370 = $ 840