Business
Business, 27.11.2019 23:31, Milan1025

The assets of gibson & johnson consist entirely of current assets and net fixed asset. the firm has total assets of $2.0 million and net fixed asset equals $1.6 million. it has notes payable of $100,000, long-term debt of $800,000, and total common equity of $1.0million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. what is the firm’s net operating working capital?

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The assets of gibson & johnson consist entirely of current assets and net fixed asset. the firm...

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