A firm's balance sheets for year-end 2011 and 2012 contain the following data. All Items are...
A firm's balance sheets for year-end 2011 and 2012 contain the following data. All items are in millions of dollars. Accounts receivable Inventories Accounts payable Dec 31, 2011 37.0 31.0 27.0 Dec 31, 2012 34.0 27.0 14.0 points Print a. Calculate the networking capital in 2011. (Enter your answer in millions rounded to 1 decimal place.) References Net working capital IMAM million b. Calculate the networking capital in 2012. (Enter your answer in millions rounded to 1 decimal place.) Net...
A firm's balance sheets for year-end 2011 and 2012 contain the following data. All items are in millions of dollars. Accounts receivable Inventories Accounts payable Dec 31, 2011 370 31.0 270 Dec 31, 2012 340 27.0 points Print a. Calculate the networking capital in 2011. (Enter your answer in millions rounded to 1 decimal place.) References Networking capital C million b. Calculate the networking capital in 2012. (Enter your answer in millions rounded to 1 decimal place.) Net working capital...
A firm’s balance sheets for year-end 2011 and 2012 contain the following data. All items are in millions of dollars. Dec. 31, 2011 Dec. 31, 2012 Accounts receivable 37.0 34.0 Inventories 31.0 27.0 Accounts payable 27.0 14.0 a. Calculate the net working capital in 2011. (Enter your answer in millions rounded to 1 decimal place.) Net working capital $ million b. Calculate the net working capital in 2012. (Enter your answer in millions rounded to 1 decimal place.) Net working capital...
A firm’s balance sheets for year-end 2016 and 2017 contain the following data. All items are in millions of dollars. Dec. 31, 2016 Dec. 31, 2017 Accounts receivable 33.6 36.8 Inventories 26.6 30.8 Accounts payable 13.6 26.8 What happened to investment in net working capital during 2017? (Enter your answer in millions.)
Edit View History Bookmarks People Tab Window Help X E Practice Problem 08 - Chapters x + connect.mheducation.com/flow/connect.html Problem 08 - Chapters 09 and 10 - Co... A Saved A firm's balance sheets for year-end 2011 and 2012 contain the following data. All items are in millions of dollars. Dec 31, 2011 Dec. 31, 2012 4 32. 3 6.2 Accounts receivable Inventories Accounts payable 30.2 12.4 26.2 ped a. Calculate the networking capital in 2011. (Enter your answer in millions...
A firm’s balance sheets for year-end 2018 and 2019 contain the following data. All items are in millions of dollars. Dec. 31, 2018 Dec. 31, 2019 Accounts receivable 36.9 33.8 Inventories 30.9 26.8 Accounts payable 26.9 13.8 What happened to investment in net working capital during 2019?
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 4,300 Total assets 8,300 9,100 Notes payable 400 300 Accounts payable 700 500 Accruals 50 80 Current portion of long-term debt 70 80 Current liabilities 1,220 960...
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 4,300 Total assets 8,300 9,100 Notes payable 400 300 Accounts payable 700 500 Accruals 50 80 Current portion of long-term debt 70 80 Current liabilities 1,220 960...
Balance Sheets for the Years Ending Dec. 31, 2011 and 2012 2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 4,300 Total assets 8,300 9,100 Notes payable 400 300 Accounts payable 700 500 Accruals 50 80 Current portion of long-term debt 70 80 Current liabilities 1,220 960...
SMOLIRA GOLF 2011 and 2012 Balance Sheets Liabilities and Owners' Equity 2011 Assets 2012 2012 2011 Current liabilities Current assets Cash Accounts receivable Inventory $ 23,184 12,000 11,571 $ 27,420 10,800 15,553 $ 24.255 15,235 27,155 Accounts payable Notes payable Other 24,046 12.448 25.392 $ 66,645 $ 46,755 $ 53.773 S 61.886 Total Total Long-term debt Owners' equity Common stock and paid-in surplus Accumulated retained earnings $ 80,000 $95,000 $ 40,000 219,826 $ 40,000 243,606 Fixed assets Net plant and...