Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ...

 

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Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ Balance Sheet (in thousands) Inventory Assets Liabilities 762 Short-term debt 479 730 Accounts payable 225 465 Short-term loans 414 487 Interest payable 420 362 Current liabilities 1538 2806 5000 Long-term debt 2300 Cash and cash equivalents Accounts receivable Marketable securities Prepaid Expenses Current Assets Fixed Assets D Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ Balance Sheet (in thousands) Inventory Assets Liabilities 762 Short-term debt 479 730 Accounts payable 225 465 Short-term loans 414 487 Interest payable 420 362 Current liabilities 1538 2806 5000 Long-term debt 2300 Cash and cash equivalents Accounts receivable Marketable securities Prepaid Expenses Current Assets Fixed Assets D

Answer rating: 100% (QA)

To calculate the noncash working capital we need to exclude cash and cash equivalents from the tot... View the full answer