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Frank's Welding Has Net Fixed Assets of $36,200, Total Assets

Question 72

Multiple Choice

Frank's Welding has net fixed assets of $36,200, total assets of $51,300, long-term debt of $22,000, and total debt of $29,700. What is the net working capital to total assets ratio?


A) 12.18 percent
B) 16.82 percent
C) 14.42 percent
D) 17.79 percent
E) 9.90 percent

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