A firm has $784 in inventory. $1,540 in fixed assets, $564 in accounts receivable, $328 in...

Question

Question

Answer 1

Answer #1

Particulars	Amount (in $ )
Cash	$ 183
Accounts receivable	$ 564
Inventory	$ 784
Total Current Assets	$ 1,531

Net working capital = Total Current Assets (-) Total Current liabilities

Total Current liabilities = Total Current Assets (-) Net working capital = $ 1,531 (-) $ 328	$ 1,203

Option (D) is Correct

Answer 2

Similar Homework Help Questions

A firm has $792 in inventory, $1,565 in fixed assets, $577 in accounts receivable, $339 in...

A firm has $792 in inventory, $1,565 in fixed assets, $577 in accounts receivable, $339 in net working capital, and $189 in cash. What is the amount of current liabilities?
$ 65 Cash Accounts receivable Inventory Total assets Current liabilities Noncurrent liabilities es us us uses...

$ 65 Cash Accounts receivable Inventory Total assets Current liabilities Noncurrent liabilities es us us uses un $ 850 $ 325 What is the amount of working capital? Multiple Choice O $200 O $245 O $180 O $380
A company has $1,315 in inventory, $4,746 in net fixed assets, $610 in accounts receivable, $262...

A company has $1,315 in inventory, $4,746 in net fixed assets, $610 in accounts receivable, $262 in cash, $554 in accounts payable, and $5,341 in equity. What is the company's long-term debt? $1,075 $1,217 $1,536 $1,592 $1,038

A company has $1,399 in inventory, $4,854 in net fixed assets, $682 in accounts receivable, $310...

A company has $1,399 in inventory, $4,854 in net fixed assets, $682 in accounts receivable, $310 in cash, $650 in accounts payable, and $5,449 in equity. What is the company's long-term debt? 2 Multiple Choice $1,325 $1,183 $1,146 $1,796 $1,764
The balance sheet of Binger, Inc. has the following balances: Cash Accounts receivable Inventory Net fixed...

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
A company has $523 in inventory, 51786 in net fixed assets. $210 in accounts receivable, $81...

A company has $523 in inventory, 51786 in net fixed assets. $210 in accounts receivable, $81 in cash, and $234 in accounts payable What are the company's total current assets? 128 Ο Αν Ο $1,048 Ο $2,600 Ο S838 Ο

Saved Help Save & Exits Jones Company has cash of $36,000, accounts receivable of $46,000, inventory...

Saved Help Save & Exits Jones Company has cash of $36,000, accounts receivable of $46,000, inventory of $24,000, and equipment of $66,000. Assuming current liabilities of $32,000, this company's working capital is: Multiple Choice Ο $50,000. Ο Ο S14,000. Ο Ο 574000. Ο Ο 5104,000.
Erastic Corporation has $21,000 in cash, $11,500 in marketable securities, $44,500 in account receivable, $54,000 in...

Erastic Corporation has $21,000 in cash, $11,500 in marketable securities, $44,500 in account receivable, $54,000 in Inventories, and $49,000 in current liabilities. The corporation's current assets consist of cash, marketable securities, accounts receivable, and Inventory. The corporation's acid-test ratio is closest to: McRae Corporation's total current assets are $424,000, its noncurrent assets are $533,000, its total current liabilities are $362,000, its long-term liabilities are $283,000, and its stockholders' equity is $312,000. Working capital is: Multiple Choice Ο $109,000 Ο Ο...
Uptown Men's Wear has accounts payable of $2,214, inventory of $7,950, cash of $1,263, fixed assets...

Uptown Men's Wear has accounts payable of $2,214, inventory of $7,950, cash of $1,263, fixed assets of $8,400, accounts receivable of $3,907, and long-term debt of $4,200. What is the value of the net working capital to total assets ratio? A) .31 B) .47 C) .42 D) .51 E) .56

A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets...

A firm has inventory of $11,400, accounts payable of $9,800, cash of $850, net fixed assets of $12,150, long-term debt of $9,500, accounts receivable of $6,600, and total equity of $11,700. What is the common-size percentage for the net fixed assets? a) 26.67 percent b) 48.75 percent c) 39.19 percent d) 42.08 percent I already got this question wrong, but i dont know why. Any help would be great!