Define working capital.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
Working capital is the difference between the current assets and current liab...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Financial Reporting & Analysis Using Financial Accounting Information
ISBN: 978-0324657425
11th edition
Authors: Charles H. Gibson
Question Posted:
Students also viewed these Cost Accounting questions
-
Define each of the following terms: a. Working capital; net working capital; net operating working capital b. Inventory conversion period; receivables collection period; payables deferral period;...
-
Define each of the following terms: a. Working capital; net working capital; net operating working capital b. Relaxed policy; restricted policy; moderate policy c. Permanent current operating assets;...
-
Define a companys operating cycle. How does working capital relate to this cycle? How is working capital computed?
-
Last time i posted this someone solved with the wrong answer You are trying to calculate how much money you should have at retirement. On your 65 th birthday you will retire and immediately make your...
-
Kitchen Care Inc. (KCI) is a manufacturer of toaster ovens. To improve control over operations, the president of KCI wants to begin using a flexible budgeting system, rather than use only the current...
-
An object moves along the y axis (scale in feet) so that at time x (in seconds) it is at y = f(x) = -5x 2 + 16x + 3. Find (A) The instantaneous velocity function (B) The time(s) when the velocity is 0
-
Design an electronic survey, using an online website, to determine if there is a relation between health awareness and purchasing organic food. Use the survey to determine if a difference in gender...
-
This problem requires the use of ACL software, which can be accessed by following the instructions available on the textbook website. Information about downloading and using ACL and the commands used...
-
A stock is expected to increase or decrease by 20% every 6 months over the next year. The current stock price is $50. The 6-month riskfree rate is 10% (semi-annually compounded). (a) (15 pts) What...
-
Female Drosophila heterozygous for three recessive mutations e (ebony body), st (scarlet eyes), and ss (spineless bristles) were testcrossed, and the following progeny were obtained: (a) What...
-
a. Comment on Amortization of NBA Franchise and Other Intangible Assets. b. Would the discontinued operations be included in projecting the future? Comment. c. The costs and expenses include team...
-
Why could a current asset such as Net Assets of Business Held for Sale distort a firm's liquidity, in terms of working capital or the current ratio?
-
What type of receivables does a farmer typically have? What collateral is typically available? In addition to general economic conditions, what should a banker be watchful of before extending credit...
-
What is the difference between drill-down and slicers method of data discovery?
-
True or False: The mean of the sampling distribution of p is p.
-
n = 800, p = 0.476. Assume the size of the population is 20,000. Describe the sampling distribution of p.
-
(a) Calculate the current ratio if current assets are 60,000 and current liabilities are 50,000. (b) If inventory is 32,000, what is the acid test ratio?
-
How are computations carried in the three layers of multilayer perceptrons?
-
Janna Processing is a single-product entity, and provides the summary data shown relating to its product for the current year. Selling price per unit...
-
You have just begun your summer internship at Omni Instruments. The company supplies sterilized surgical instruments for physicians. To expand sales, Omni is considering paying a commission to its...
-
The data in this case come from the 2010 and 2009 annual report of Owens- Illinois.* Note (from 2010 statement 10- K): Common stock, par value $ 0.01 per share, 250,000,000 shares authorized,...
-
General Companys financial statements for 2011 follow here and on the following pages: Required a. Compute the Z score of General Company at the end of 2011. b. According to the Altman model, does...
-
LIFO reserves: Rhodes Company Reported year for analysis, 2011 2011 Net income as reported $ 90,200,000 2011 Inventory reserve 50,000,000 2010 Inventory reserve 46,000,000 2011 Income taxes...
-
The following table shows the data from 2000 general social survey. The table cross classifies gender and political party identifications. Subjects indicated whether they identified more strongly...
-
The Information Richness of Communication Media The four types of communication media are Face-to-face Communication, Spoken Communication Electronically Transmitted, Personally Addressed Written...
-
Once you've chosen your company or product, explain why you would not purchase from that company or that product. Be sure to give an argument making use of moral principles to support your statements.
Study smarter with the SolutionInn App