Business, 22.04.2020 02:24 joeylozier15

NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $475,000 of accounts payable, $375,000 of 6% short-term notes payable to the bank, and $150,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total investor-provided operating capital?

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NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed asse...

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