Question

ElC has: Current assets 10830 Long tem debl 6175 long term liabilities 6141 Caulate ELC's current liabilties if their Net working capital is 4079 Using the information below calculate General Electric's Cash Flow From Assets for 2022 : Dividends 539 Interest 526 Taxes 545 2021 Fixed assets 1150 2022 Fixed assets 1300 2021 New borrowings 800 2022 New borrowing 1100 2021 New equity 700 2022 New equity 950

Answer 1

ELC's current liabilities can be calculated by subtracting the net working capital from the current asset. In this case, the current liabilities are $6,751.

Step-by-step explanation:

To calculate ELC's current liabilities, we need to use the formula: Current Liabilities = Current Assets - Net Working Capital. Given that the Current Assets are $10,830 and the Net Working Capital is $4,079, we can plug in these values to find the current liabilities. Current Liabilities = $10,830 - $4,079 = $6,751. Therefore, ELC's current liabilities are $6,751.