The financial accounting department of CraftCo Production Inc. has provided you with the balance sheet and income statement figures that present the essential annual financial information. Determine net working capital and the cash-to-cash cycle time for year 2!

Transcribed Image Text:

Assets Intangible Assets Tangible Assets Financial Assets Fixed Assets Inventories Trade Receivables Cash and Cash Equivalents Current Assets Deferred Expenses Total Assets Year 2 384 2,534 66 2,984 2,016 2,064 1,014 5,094 69 8,147 CraftCo Production Inc. Balance sheet Year 1 384 2,455 66 2,905 1,956 1,865 966 4,787 75 7,767 Equity and Liabilities Subscribed Capital Retained Earnings Net Profit Equity Short Term Provisions Long Term Provisions Provisions Long Term Financial Obligations Trade Payables Other Short Term Obligations Liabilities Deferred Income Total Equity and Liabilities Year 2 550 2,775 559 3,884 1,140 1,237 2,377 488 903 468 1,859 27 8,147 Year 1 550 2,564 475 3,589 970 1,190 2,160 543 899 555 1,997 21 7,767