Flum Packages, Inc -The Firm's Initial Net Working Capital Is____________
A) $13,000
B)

question 263

Multiple Choice

Flum Packages, Inc.

$\begin{array}{lrlr}\text { Assets }&&\text { Liabilities \& Equity }\\\hline \text { Current assets } & \$ 10,000 & \text { Current Liabilities } & \$ 5,000 \\\text { Fixed assets } & 20,000 & \text { Long-term debt } & 12,000 \\& & \text { Equity } & 13,000\\&----&&---\\\text { Total }&\$30,000&\text { Total }&\$30,000\\\end{array}$
-The firm's initial net working capital is____________

• A) $13,000
• B) -$5,000
• C) $10,000
• D) $5,000

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