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Calculating Total Liabilities: How to Determine a Company's Liability Amount
net working capital = $1,194; fixed assets = $6,473; total assets = $8,734; and long-term debt = $4,723. What are the company's total liabilities?

The company's total liabilities would be calculated as follows:

Total liabilities = Total assets - Long-term debt - Fixed assets - Net working capital Total liabilities = $8,734 (total assets) - $4,723 (long-term debt) - $6,473 (fixed assets) - $1,194 (net working capital) Total liabilities = $8,734 - $4,723 - $6,473 - $1,194 Total liabilities = $8,734 - $12,187 However, there seems to be an error in the information provided, as the sum of the individual items does not add up to the total assets. This could indicate that there might be a mistake in the numbers given. If we assume the numbers for fixed assets, long-term debt, and net working capital are correct, we can calculate the company's total liabilities using the information available:

Total liabilities = $8,734 (total assets) - ($6,473 + $4,723 + $1,194) Total liabilities = $8,734 - $12,387 Total liabilities = $-3,651

This result suggests a negative total liabilities balance, which is not possible. The figures provided may be incorrect or misquoted, typically total liabilities should not result in a negative amount. Please verify the initial data to obtain the accurate total liabilities figure.