1. LLC has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 and net fixed assets of $323,700. The Owners equity has a book value of $191,400. What is the amount of the networking capital?
a) -$29,700
b) $6,500
c) $50,100
d) - $18,800
e) $47,700
2. You borrow $75,000; the annual loan payments are $6,662.06 for 30 years. What interest rate are you being charged? Round your answer to two decimal places.