Dandee Lions, Inc. has a cash balance of $111,000, accounts
payable of $226,000, inventory of $209,000, accounts receivable of
$325,000, notes payable of $71,000, and accrued wages and taxes of
$78,000.
How much net working capital does the firm need to fund?
Net Working capital = Current Assets - Current Liabilities
= Cash + Inventory + Accounts Receivables - Accounts Payable - Notes payable - Accrued wages and taxes
= 111,000+209,000+325,000 - 226000-71000-78000
= $270,000
Hence, net working capital required to be fund = $270,000
Dandee Lions, Inc. has a cash balance of $111,000, accounts payable of $226,000, inventory of $209,000,...
JohnBoy Industries has a cash balance of $45,000, accounts payable of $125,000, inventory of $175,000, accounts receivable of $210,000, notes payable of $120,000, and accrued wages and taxes of $37,000. How much net working capital does the firm need to fund?
Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $399,000, Accounts receivable = $199,000, Inventory = $99,000, Accrued wages and taxes = $10,100, Accounts payable = $301,000, and Notes payable = $601,000. What is Campus's net working capital?
Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances Cash and marketable securities = $600,000, Accounts receivable $800,000, Inventory $500,000, Accrued wages and taxes + $50,000, Accounts payable - $200,000 and Notes payable = $1,000,000. What is Cypress's net working capital?
You are evaluating the balance sheet for Epic Corporation. From the balance sheet you find the following balances: cash and marketable securities = $500,000, accounts receivable = $200,000, inventory = $100,000, accrued wages and taxes = $50,000, accounts payable = $60,000, and notes payable = $200,000. Calculate Epic’s net working capital.
Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $398,000, Accounts receivable = $198,000, Inventory = $98,000, Accrued wages and taxes = $10,200, Accounts payable = $302,000, and Notes payable = $602,000. What is Campus's net working capital? $1,608,200 –$220,200 $694,000 $914,200
You are evaluating the balance sheet for Goodman Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $750,000, accounts receivable = $1,500,000, inventory = $2,000,000, accrued wages and taxes = $560,000, accounts payable = $860,000, and notes payable = $660,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Net working capital
Balance Sheet You are evaluating the balance sheet for Trident Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $540,000, Accounts receivable = $740,000, Inventory = $440,000, Accrued wages and taxes = $44,000, Accounts payable = $140,000, and Notes payable = $940,000. What is Tident's net working capital? Multiple Choice $596,000 $1,124,000 $2,844,000 $1,720,000
The balance sheet of Binger, Inc. has the following balances: Cash Accounts receivable Inventory Net fixed assets Accounts payable Long-term debt Beginning balance $30,300 48,200 126,500 611,900 43,200 415,000 Ending balance $32,800 51,600 129,200 574,300 53,600 304,200 What is the amount of the change in net working capital? 8100 -1800 1800 -7400
Check my work You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $400,000, accounts receivable = $1,200,000, inventory = $2,100,000, accrued wages and taxes = $500,000, accounts payable = $800,000, and notes payable = $600,000. Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Net working capital Prev 1 of 10 Next...
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