Operating capital
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Current Assets = $1.500,000
Net Fixed Assets = $3,000,000
CUrrent Liabilities = $600,000 Including $300,000 of accounts payable, $200,000 of 6% short term notes payable and $100,000 in accurals
$1,500,000 of long term bonds
$300,000 of common stock
$1,750,000 of retained earnings
What was total amount of investor provided operating capital?
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Solution Summary
Response discusses steps to compute operating capital
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Current Assets = $1.500,000
Net Fixed Assets = $3,000,000
CUrrent Liabilities = $600,000 Including $300,000 ...
Purchase this Solution
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