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

Question

Avah Cobb

Business

24 September, 16:47

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

+2

Answers (1)

Know the Answer?

Bria Sullivan · Answer 1

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

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) $61,700B) $88,40000C) $102,900D) $96,700E) $111,500

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