Question: Calculate operating working capital for both years. Decide whether the change in OWC between the two years represents a cash in or out flow to

Calculate operating working capital for both years. Decide whether the change in OWC between the two years represents a cash in or out flow to the company. Year 1 Year 2 Cash and equivalents 1,965.0 1,987.2 Accounts receivable 4,990.7 4,537.0 Prepaid expenses 425.7 387.0 Current deferred tax asset 380.6 346.4 Deposits to suppliers 257.4 234.0 Other current assets 101.2 92.1 Accounts payable 3,768.6 3,426.0 Deferred revenue 1,051.6 1,002.7 Current deferred tax liability 322.3 293.0

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Compute u + v and u 2v. U= [-2], x= [1 V= -3 3 ]

1. Calculate the cost of each capital component, after-tax cost of debt, cost of preferred, and cost of equity with the DCF method and CAPM method. 2. What do you estimate the company?s WACC? Please...

Complete the following problems from Chapter 12 in Financial Management: Theory and Practice : Chapter 12: Topics: Additional Funds Needed, Forecasted Statements and Ratios, Financing Deficits...

I need, I am working on GENERAL ELECTRIC AND UNITED TECHNOLOGIES CORP, I need help GE and UTC Financial Statements Forecast for the next 5 year using the attachment. Throughout this course you will...

The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer costs $1,102,500. The machine falls into the MACRS 3-year class, and it would be sold for...

The T-shirt Company is considering adding a screen print printer to its production line. The printer costs $1,102,500. The printer falls into the MACRS 3-year class, and it would be sold for $605,000...

New Milionium Company earned $2.5 million in not incomo last year. It took depreciation decoctions of $300,000 and modo now investments in working capital and fixed assets of $100.000 and $350,000,...

New Millenium Company earned $2.9 million in net income last year. It took depreciation deductions of $307,000 and made new investments in working capital and fixed assets of $105,000 and $343,000,...

New Millenium Company earned $2.5 milion in net income last year. It took depreciation deductions of $300,000 and made new investments in working capital and fixed assets of $100.000 and $350,000,...

New Millenium Company earned $2.7 million in net income last year. It took depreciation deductions of $295,000 and made new investments in working capital and fixed assets of $103,000 and $340,000,...

Use the financial statements of Wins Companies in Short Exercise 15-5 to complete the following profitability measures for 2012. Requirements 1. Compute the rate of return on net sales. 2. Compute...

In the month of June, Reliant sold 60 vehicles and had account receivable of $200,000.00. A vehicle costs $50,000, accounts payable is $250,000 and the cost of sales is 75%, and the current value of...

Use the chain rule to find the derivative of f ( x ) = 2 e - 1 0 r 3 7 x 3 f ' ( x ) =

Mammalian mothers develop strong attachments with their young. In a mouse, this attachment process can be broken down into the following steps: The mother mouse experiences certain hormonal changes...

With reference to Ghana Revenue Authority (GRA) examine the recent Legal, institutional and structural reforms for Tax Administration in Ghana. b) Enumerate the salient Changes in the Income Tax Act,...

Determine if the overhead allocated to the product relates to a single plantwide overhead rate method, multiple production department factory overhead rate method, or activity-based costing...

=+ (b) Define f arbitrarily on S, and define it elsewhere by f(n, x] + .. . +n, x;) = n. f(x,) + ... +n . f(x). Show that f satisfies Cauchy's equation but need not satisfy f(x)=xf(1).

=+F. Show that the random variable F(X) is uniformly distributed over the unit interval in the sense that P[F(X) u] =u for 0 u 1. Passing from X to F(X) is called the probability transformation.

=+ (c) Show that P[F(X)