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Dockside Warehouse has net working capital of $42,400, total assets of $519,300, and net fixed assets of $380,200. What is the value of the current liabilities?
A) $61,700
B) $88,40000
C) $102,900
D) $96,700
E) $111,500

Respuesta :

Answer:

Current liabilities = $96,700      

so correct option is D) $96,700

Explanation:

given data

net working capital = $42,400

total assets = $519,300

net fixed assets = $380,200

to find out

value of the current liabilities

solution

we find here first Current Assets  that is express as

Current Assets = Total Assets - Net Fixed Assets    

Current Assets  = $519300 - $380200      

Current Assets  = $139100

and

Current liabilities is express as

Current liabilities = Current Assets - Net Working Capital  

Current liabilities = $ 139100 - $42400    

Current liabilities = $96,700      

so correct option is D) $96,700

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