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Gino's Winery Has Net Working Capital of $29,800, Net Fixed

Question 74

Multiple Choice

Gino's Winery has net working capital of $29,800, net fixed assets of $64,800, current liabilities of $34,700, and long-term debt of $23,000.What is the value of the owners' equity?


A) $36,900
B) $66,700
C) $71,600
D) $89,400
E) $106,300

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