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29 October, 16:14

A firm has net working capital of $1,770. long-term debt is $4,180, total assets are $11,830, and fixed assets are $3,910. what is the amount of the total liabilities?

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  1. 29 October, 18:57
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    Net-working capital = $1,770

    Long term debt = $4,180

    Total Assets = $11,830

    Fixed Assets = $3,910

    Total liabilities Amount = ?

    Total current Assets = Total Assets - Fixed Assets

    $11,830 - $3,910 = $7,920

    Current Assets - current liabilities = Net-working capital

    Current liabilities = Current Assets - Net-working capital

    =$7,920 - $1,770 = $6,150

    Total liabilities = current liabilities + long term debt

    =$6,150 + $4,180

    =$10,330

    Amount of the total liabilities is $10,330
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