Multiple Choice
Table 15.2 The company earns 5 percent on current assets and 15 percent on fixed assets. The firm's current liabilities cost 7 percent to maintain and the average annual cost of long-term funds is 20 percent.
-The firm's initial net working capital is ________. (See Table 15.2)
A) -$ 5,000
B) $13,000
C) $ 5,000
D) $10,000
Correct Answer:

Verified
Correct Answer:
Verified
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