Question

A company has net working capital of $1,996. If all its current assets were liquidated, the company would receive $5,923. What are the company's current liabilities?

Answer 1

Answer:Current Liabilities= $3,927

Explanation:

Net working capital= Current assets-current liabilities

Current Liabilities = Current assets - Net working capital

= $5,923- $1,996

=$3,927

Current liabilities are short term liabilities , debt or  obligation  of a business which should  be due within one year so as  to be paid to creditors.