00:01
Hello and welcome.
00:02
So we want to calculate the total number, total amount of liabilities, and we're given a few important pieces of information here.
00:11
So to get the total liabilities, the first thing you need is to get the current liabilities, which we're going to label as cl.
00:19
So the current liabilities are essentially calculated by getting the current assets and subtracting that from the net working capital.
00:30
But of course, there's a problem.
00:33
We don't, currently have the current assets.
00:35
So we have to calculate that first.
00:38
So to get the current assets, we've got the total assets, which is 5 ,340, and we're going to subtract that from 3 ,720, which are the fixed assets.
01:01
So when you put this into a calculator, you get 1 ,620 as your current assets...