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WGU Principles of Finance C708 Pre-Assessment Exam with Correct Answers 2024-2025
- Exam (elaborations) • 15 pages • 2024
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A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. 
What is the total for the company's current assets? 
 
a.) $262 million 
b.) $119 million 
c.) $128 million 
d.) $227 million - $227 million 
 
A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million and interest expense of $40.2 million. 
What is the company's net income if the tax rate ...
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