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28 May, 19:02

A company has net working capital of $2,077. If all its current assets were liquidated, the company would receive $6,001. What are the company's current liabilities?

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  1. 28 May, 19:16
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    The current liability is $$3,924

    Explanation:

    Net working capital is calculated by subtracting current Liability of a business from its current asset.

    i. e Net working capital = current asset - current Liability

    In this question, net working capital is $2,077 while current asset is $6,001.

    Therefore current liability = current asset - net working capital.

    $6,001 - $2,077

    =$3,924.
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