Homework Answers
working capital investment is calculated as follows
accounts receivables 120
inventories +480
less: other current assets -100
accounts payable -480
other current liabilities -300
total investment in working capital in 2019 is 120 + 480 -100 -480 - 300 = -280
that is $280 million is working capital investment in 2019
thus option b is correct
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Use the financial information about Widget Co. below to help answer questions 1-5 • In 2019,...
Widget Co. was founded at the start of 2016 by issuing 10M shares at $187.50 per...
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Widget Co. was founded at the start of 2016 by issuing 10M shares at $187.50 per...
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Use the following information about Company X to help answer questions 14-20: Company X went public...
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Need Help on these questions, Please. Thanks! USE THE FOLLOWING INFORMATION TO FILL IN THE BALANCE...
Need Help on these questions, Please. Thanks!
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Creating Balance Sheets and Income Statements Using the information in the below table, prepare a classified...
Creating Balance Sheets and Income
Statements
Using the information in the below table, prepare a classified
balance sheet for Arrow Company as of December 31, 2014 and
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years then ended.
Account
December 31, 2014
December 31, 2015
Property, plant, and equipment (net)
$650
$735
Long-term debt
490
690
Depreciation expense
50
60
Retained earnings
130
295
Sales revenue
1,000
1,500
Income taxes
50
70
Current portion of long-term debt
50...
Widget Co. was founded at the start of 2016 by issuing 10M shares at $187.50 per share and $1,200M of long term debt. All data in the table, except actual price per share, is in millions. No assets were sold during the first two years of operation. Remember when and where to include marketable securities and the current portion of long term debt in your intermediate calculations. Use this information and the table below to answer problems 20-3O, 2016 250...
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Need Help on these questions, Please. Thanks!
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Creating Balance Sheets and Income
Statements
Using the information in the below table, prepare a classified
balance sheet for Arrow Company as of December 31, 2014 and
December 31, 2015, along with multi-step income statements for the
years then ended.
Account
December 31, 2014
December 31, 2015
Property, plant, and equipment (net)
$650
$735
Long-term debt
490
690
Depreciation expense
50
60
Retained earnings
130
295
Sales revenue
1,000
1,500
Income taxes
50
70
Current portion of long-term debt
50...
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