Question

Wu Systems has the following balance sheet. How much net operating working capital does the firm have? Cash $...

Wu Systems has the following balance sheet. How much net operating working capital does the firm have?

Cash

$   100

Accounts payable

$   200

Accounts receivable

650

Accruals

350

Inventory

     550

Notes payable

     350

   Current assets

$1,300

   Current liabilities

$   900

Net fixed assets

1,000

Long-term debt

600

Common equity

300

          

Retained earnings

     500

Total assets

$2,300

Total liab. & equity

$2,300

a.

$750

b.

$675

c.

$825

d.

$908

e.

$998

0 0
Add a comment Improve this question Transcribed image text
Answer #1

net operating working capital= Current Assets-Accounts payable-accruals

=1300-200-350=$750

Answer A

Add a comment
Know the answer?
Add Answer to:
Wu Systems has the following balance sheet. How much net operating working capital does the firm have? Cash $...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • D Question 39 1 pts Wu Systems has the following balance sheet. How much net operating...

    D Question 39 1 pts Wu Systems has the following balance sheet. How much net operating working capital does the firm have? Cash Accounts receivable Inventory Current assets Net fixed assets S 100 Accounts payable $ 200 135 565 $900 600 300 500 $2.300 650 Accruals 550 S 1,300 S 1,000 Notes payable Current liabilities Long-term debt Common equity Retained earnings Total liab, & equity Total assets $ 2,300 O $965 O $1,177 $772 O $1,033 $1,042 Previous Next

  • Wu Systems has the following balance sheet. Assume that all current assets are used in operations....

    Wu Systems has the following balance sheet. Assume that all current assets are used in operations. How much net operating working capital does the firm have? Cash $ 100 Accounts payable $ 200 Accounts receivable 650 Accruals 110 Inventory 550 Notes payable 590 Current assets $ 1,300 Current liabilities $ 900 Net fixed assets $ 1,000 Long-term debt 600 Common equity 300 Retained earnings 500 Total assets $ 2,300 Total liab. & equity $ 2,300 a. $1,010 b. $911 c....

  • VERSION: A have? South Eastern Inc. has the following balance sheet. How much net operating working...

    VERSION: A have? South Eastern Inc. has the following balance sheet. How much net operating working capital does the firm nwc-CA-Cl Assets Liabilities and Owner's Equity Cash $ 100 Accounts payable $ 200 Accounts receivable 650 Accruals 350 Inventory 550 Notes payable 350 >$1,300 Current assets Current liabilities > $ 900 600 1,000 Long-term debt Net fixed assets Common equity 300 Retained earnings $2,300 Total liabilities & equity $2.300 Total assets 500

  • Q. Rao Corporation has the following balance sheet. How much net operating working capital does the...

    Q. Rao Corporation has the following balance sheet. How much net operating working capital does the firm have? Cash $   10    Accounts payable $  20 Short-term investments                       30    Accruals 20 Accounts receivable 50    Notes payable     50 Inventory     40    Current liabilities $  90    Current assets $130     Long-term debt 60 Net fixed assets   100    Common equity 30    Retained earnings     50 Total assets $230     Total liab. & equity $230

  • Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1...

    Multiple Choice: Problems (252-50) Firm MMA has EBIT (operating income) of $3 million, depreciation of $1 million. Pirm a s expenditures on fixed anneta - $1 million. Its net operating working capital - $0.6 million.Calculate for free cash flow. Imagine that the tax rate 40t. a. 91.2 b. $1.3 c. $1.4 Firm AAA's sales - $150,000, operating costs (no depreciation) - $75.500. Depreciation - $10,200, Tax rate 35. Pirm M b ond value is $16,500 and the interest rate of...

  • 14) How much working capital does the firm have? Actual in 2019 and projected in 2020....

    14) How much working capital does the firm have? Actual in 2019 and projected in 2020. XYZ Media, Inc. - Balance Sheet 2019 Actual 2020 Projected Cash Accounts Receivable Inventory Total Current Assets 30 S 360 S 360 $ 750 $ 42 504 504 1,050 Net Fixed Assets Total Asssets 750 1,500 $ $ 1,050 2.100 Accounts Payable Accruals Notes Payable Total Current Liabilities 75 $ 75 S 150 S 300 5 105 105 150 360 Long-term Debt 150 S...

  • Trying to figure out the net operating working capital for this "What are the amounts of...

    Trying to figure out the net operating working capital for this "What are the amounts of net operating working capital for both years? Enter your answers in millions. For example, an answer of $1 million should be entered as 1, not 1,000,000. Round your answers to the nearest whole number." Using this equation, "NOWC = Cash + Accounts receivables + Inventories – Accounts payables – Notes payables – Accruals" and my school's program is saying that the amount is incorrect....

  • QUESTION 30 Use the balance sheet below to calculate the company's Net Working Capital (Current Assets...

    QUESTION 30 Use the balance sheet below to calculate the company's Net Working Capital (Current Assets - Current Liabilities) Tucker & Assodates Current Assets Niet plant and equipment 900.000 1,500,000 Accounts payable and accruals Notes payable Current liabilities Long term debt Total common equity Total liabilities and equity 5,000 200,000 275.000 500.000 125.000 2.000.000 Total Assets 2,000,000 500.000 250.000 225.000 275,000

  • 1.) Use the Income Statement and Balance Sheet below to calculate the companies free cash flow....

    1.) Use the Income Statement and Balance Sheet below to calculate the companies free cash flow. Income Statement 2017 Net Sales 675 Cost of goods sold 210 Depreciation 50 EBIT 415 Interest Paid 15 EBT 400 Taxes (30%) 120 Net Income 280 Dividends 105 Addition to Retained Earnings 175 Assets 2016 2017 Liabilities and Shareholders equity 2016 2017 Current Assets Current Liabilities Cash 100 125 Accounts Payable 200 250 Accounts Receivable 250 350 Notes Payable 150 225 Inventory 400 375...

  • Part IV: Balance Sheet and Statement of Cash Flows (22 points) 1. The balance sheets for...

    Part IV: Balance Sheet and Statement of Cash Flows (22 points) 1. The balance sheets for Smith Company showed the following information. Additional information concerning transactions and events during 2019 are presented below. $520 Smith Company Comparative Balance Sheet (in 5) 12/31/19 Cash 800 Short-term Investments 850 Accounts Receivable 500 Inventory 1,450 Prepaid Rent 1,500 Land 3.500 (600) Equipment $8.520 12/31/18 $130 200 400 550 1,300 2,500 3,200 1440 $7840 Accumulated Depreciation Total Assets $2,300 900 $1,800 1,600 2.300 5,700...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT