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Foxglove Interiors Has Net Fixed Assets of $38,215,long-Term Debt of $22,400,cash

Question 54

Multiple Choice

Foxglove Interiors has net fixed assets of $38,215,long-term debt of $22,400,cash of $560,accounts payable $4,611,inventory of $11,408,and accounts receivable of $3,462.How much net working capital does the firm have?


A) $11,634
B) $26,634
C) $13,117
D) $10,819
E) $14,736

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