Solution :
Cypress's net working capital = $ 650,000
Please find the attached screenshot of the excel sheet containing the detailed calculation for the solution.
Balance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you...
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.
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...
Ch You are evaluating the balance sheet for Goodman's Bees Corporation From the and marketable securities $400,000, accounts receivable $1.200,000, nventory - $2100,000,accrued wages and taxes $500,000, accounts payable $800,000, and notes payable $600,000 balance sheet you find the following balances: cash Calculate Goodman Bees' net working capital. (Enter your answer in dollars not in millions. Round your answer to the nearest doller amount.) 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 = $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 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
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
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
You are evaluating the balance sheet for SophieLex’s Corporation. From the balance sheet you find the following balances: cash and marketable securities = $480,000; accounts receivable = $1,040,000; inventory = $1,940,000; accrued wages and taxes = $420,000; accounts payable = $720,000; and notes payable = $440,000. Calculate SophieLex’s current ratio. (Round your answer to 2 decimal places.) Calculate SophieLex’s quick ratio. (Round your answer to 2 decimal places.)
You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $450,000; accounts receivable = $1,100,000; inventory = $2,000,000; accrued wages and taxes = $450,000; accounts payable = $750,000; and notes payable = $500,000. Calculate SophieLex's current ratio. (Round your answer to 2 decimal places.) Current ratioſ times Calculate SophieLex's quick ratio. (Round your answer to 2 decimal places.) Quick ratioſ times Calculate SophieLex's cash ratio. (Round your...
You are evaluating the balance sheet for good movies cooperate from the valley shoot you find the following Dallas is cash and Mark about securities equals 400,000 accounts receivable=$1,200,000,inventory=$2,100,000,Occurred wages in taxes equals 500,000 accounts payable equals 800,000 in notes payable equals 6000 600,000 calculate Goodmans these networking capital