Gino's Winery Has Net Working Capital of $29,800, Net Fixed

question 74

Multiple Choice

Gino's Winery has net working capital of $29,800, net fixed assets of $64,800, current liabilities of $34,700, and long-term debt of $23,000.What is the value of the owners' equity?

• A)$36,900
• B)$66,700
• C)$71,600
• D)$89,400
• E)$106,300

---

Definitions:

Emesis Basin

A kidney-shaped container used by patients to vomit into.

Ineffective Airway Clearance

A condition characterized by the inability to maintain a clear air passage, potentially leading to breathing difficulties and inadequate oxygenation.

Congested Cough

A type of cough characterized by the presence of mucus in the respiratory tract, often associated with colds, flu, or other respiratory infections.

Wheezing

A high-pitched whistling sound made while breathing, usually indicating obstruction or narrowing of the respiratory airways.