1. The green carpet bas current liabilities of $72100 and accounts receivable of $107800. The firm has total assets of $443500 and net fixed assets of $323700. The owners equity has a book value of $191400. What is the amount of the net working capital?
2. What lump sum of money must be deposited into a bank account at the present time so that ?$400 per month can be withdrawn for four ?years, with the first withdrawal scheduled for five years from? today? The interest rate is 1?/4?% per month.? (Hint: Monthly withdrawals begin at the end of the month 60?.)