Define and contrast the terms working capital and net working capital.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
Working capital has traditionally been defined as the firms investment in current ass...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
22+ Question Solved
Related Book For
Foundations of Finance The Logic and Practice of Financial Management
ISBN: 978-0132994873
8th edition
Authors: Arthur J. Keown, John D. Martin, J. William Petty
Question Posted:
Students also viewed these Corporate Finance questions
-
Discuss the risk return relationship involved in the firms asset- investment decisions as that relationship pertains to its working- capital management.
-
How can the formula interest = principle * rate * time be used to estimate the cost of short- term credit?
-
MDM Inc. is considering factoring its receivables. The firm has credit sales of $ 400,000 per month and has an average receivables balance of $ 800,000 with 60- day credit terms. The factor has...
-
The Federal Reserve may raise its benchmark interest rate later this month. How is this achieved? Why would they do this? Explain the consequences fully. (Include graphs with your answer)
-
1. Why did the retail pharmacies lose this case? 2. a. In your opinion, have small pharmacies and small businesses generally lost significant revenue over the years to retail giants such as Walmart...
-
What are the various ways a director can breach his or her fiduciary duty? Explain the consequences of such a breach?
-
If Exercise 8.3 had asked about a book in free fall rather than one on the floor, what would the free-body diagram look like? Data from Exercise 8.3 Draw a free-body diagram for a book lying...
-
Calculate the required rate of return for Manning Enterprises assuming that investors expect a 3.5% rate of inflation in the future. The real risk-free rate is 2.5%, and the market risk premium is...
-
1. What is a data structure? 2. Why do we need data structures? 3. List some common data structures. 4. How data structures are classified? 5. Differentiate linear and non-linear data structure.
-
Timur and Maurguerite recently met with the benefits administrator at Timur's employer to establish a retirement date and to discuss payout options for his pension. Timur just turned 67, while...
-
Define the following: a. Line of credit b. Commercial paper c. Compensating balance d. Prime rate
-
What advantages and disadvantages are generally associated with the use of short- term debt? Discuss.
-
Reconsider the Leisure Airlines problem from Section 12.1. The demand forecasts shown in Table represent Leisure Airs best estimates of demand. But because demand cannot be forecasted perfectly, the...
-
Diego Company manufactures one product that is sold for $77 per unit in two geographic regions-the East and West regions. The following information pertains to the company's first year of operations...
-
Ballard Corp has accumulated the following data concerning mixed costs. The company determined the relevant activity range is based on units produced. Month January February March April May Required:...
-
Describe a business practice that meets the legal level of social responsibility but does not meet the ethical level. Next, discuss two forms of moral disengagement that business leaders might...
-
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. Required: Calculate cash flows from investing activities. (List cash...
-
Kubin Company's relevant range of production is 23,000 to 27,500 units. When it produces and sells 25,250 units, its average costs per unit are as follows: Direct materials Direct labor Variable...
-
In Problems 116, graph each equation using the following viewing windows: y = -2x + 2 (a) Xmin = 5 Ymin = -4 Xmax = 5 Ymax = 4 Xscl = 1 Yscl = 1 (b) Xmin = 10 Ymin = -8 Xmax = 10 Ymax = 8 Xscl = 2...
-
Describe a job you have had in the past or a job you are very familiar with. Indicate the negative aspects of the job and how it could be improved with current human resource management techniques.
-
An investor purchased a one-acre lot on the outskirts of a city for $9000 cash. Each year he paid $80 of property taxes. At the end of 4 years, he sold the lot. After deducting his selling expenses,...
-
A popular reader's digest offers a lifetime subscription to the magazine for $200. Such a sub sanction may be given as a gift to an infant at birth (the parents can read it in those early years), or...
-
On April 12, 1988, an engineer bought a $1000 bond of an American airline for $875. The bond paid 6% on its principal amount of $1000, half in each of its April 1and October 1 semiannual payments; it...
-
a) Give examples of low, medium and high strain rate test types. [4 marks] b) A plot of log (stress) against log (strain rate) provides a straight line relationship. Based on this, provide an...
-
3- Let the density of the pyramid material be p = 2000 kg/m. Determine the average normal stress at a cross section located at x measured from the apex. Express the stress as a function of x. Assume...
-
You are designing a wing with no aerodynamic twist based on the airfoil camber given by: N C 3.1 (H-H) = 0.1 The wing will have an aspect ratio of 10, a taper ratio of 0.8, and a constant geometric...
Study smarter with the SolutionInn App