The financial director of the company AAA entrusts you with his latest balance sheet and additional...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The financial director of the company AAA entrusts you with his latest balance sheet and additional information. (50 points) Note: numbers are expressed in thousands. Concessions, software, rights and similar assets Goodwill Land Constructions Equipment Asset Long term investments Raw materials Final goods Account receivables. Other receivables- Marketable securities Cash and cash equivalent Prepaid expenses Expenses to be spread over several fiscal years patents, licenses, 585 Currency exchange differences. Total Trade payables Tax and social security liablilities Other debts Appendix: Gross Prepaid income Total 211 306 356 375 214 794 103 ml Liabilities + Shareholders' equity Capital Reserves Earnings (profits, investment subsidies) Provisions Financial debts 1845 160 83 213 39 28 10 5322 Exercise N Depreciation and Net amortization 80 505 203 250 12 35 2 108 3 693 211 306 153 125 202 759 101 1737 160 80 213 39 28 10 4629 Exercise N 1156 350 255 154 837 1208 443 219 7 4629 B. Calculate: a. The net working capital (NWC). b. The operating working capital requirement (OWCR) and the non-operating working capital requirement (NOWCR). c. Net cash. The financial director of the company AAA entrusts you with his latest balance sheet and additional information. (50 points) Note: numbers are expressed in thousands. Concessions, software, rights and similar assets Goodwill Land Constructions Equipment Asset Long term investments Raw materials Final goods Account receivables. Other receivables- Marketable securities Cash and cash equivalent Prepaid expenses Expenses to be spread over several fiscal years patents, licenses, 585 Currency exchange differences. Total Trade payables Tax and social security liablilities Other debts Appendix: Gross Prepaid income Total 211 306 356 375 214 794 103 ml Liabilities + Shareholders' equity Capital Reserves Earnings (profits, investment subsidies) Provisions Financial debts 1845 160 83 213 39 28 10 5322 Exercise N Depreciation and Net amortization 80 505 203 250 12 35 2 108 3 693 211 306 153 125 202 759 101 1737 160 80 213 39 28 10 4629 Exercise N 1156 350 255 154 837 1208 443 219 7 4629 B. Calculate: a. The net working capital (NWC). b. The operating working capital requirement (OWCR) and the non-operating working capital requirement (NOWCR). c. Net cash.
Expert Answer:
Answer rating: 100% (QA)
a The net working capital NWC is calculated as follows NWC Current Assets Current Liabilities NWC 585 211 306 356 375 214 837 1208 443 219 7 NWC 15 Th... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
Alpha holds investments in two other entities, Beta and Gamma. All three entities prepare financial statements to 31 March and the statement of financial positions of the three entities at 31 March...
-
The following are the financial statements issued by Allen Corporation for its fiscal year ended October 31, 2016: Statement of Retained Earnings For the Fiscal Year Ended October 31, 2016 Retained...
-
Jen and Berry's sells ice-creams from its factory-shop in Petone. There is a managing director (Maynard Dibble), a marketing manager (Mary Salman) and a production manager (Peter Pritchard). Maynard...
-
A transparent rod 30.0 cm long is cut flat at one end and rounded to a hemispherical surface of radius 10.0 cm at the other end. A small object is embedded within the rod along its axis and halfway...
-
Suppose that the Saddledome, the home of the Calgary Flames, earns total revenue that averages $28 for every ticket sold. Assume that annual fixed expenses are $22 million, and that variable expenses...
-
The government now spends over $700 billion a year on Social Security benefits. Why dont we leave it to individuals to save for their own retirement?
-
How will the changes at Twitter affect employee commitment and turnover?
-
The Red Department Store uses the retail inventory method. Information relating to the computation of the inventory at December 31, 2007 is as follows: Estimated normal shrinkage is 2% of sales....
-
How did market and technology dynamics provide opportunities for the inventor? How was the opportunity concept developed? Was it a technology looking for a home or a need looking to be met? What...
-
In cryptography, cipher text is encrypted or encoded text that is unreadable by a human or computer without the proper algorithm to decrypt it into plain text. The impact of erroneous cipher texts on...
-
There are two main sources of motivation for individuals: intrinsic motivation and extrinsic motivation. Understanding both sources of human motivation is essential to effectively manage...
-
If Florence Nightingale were alive today and took the position that nurses represent Plato's guardian class and doctors represent the artisan class, would she be correct? Why or why not ? Explain
-
The manager of the coffee shop hired two employees from the training company to help with communication problems in his shop general. 1. Customer 1 comes inside the shop and looks around the menu 2....
-
Museum A: Museum A has been around for 500 years and is located in a major world city. It displays art and artifacts from all over the world. It is considered one of the most comprehensive museums in...
-
What hypothesis is generally formulated to look for evidence to support a claim called a research hypothesis? Explain
-
The case problem is the lack of efficiency in delivering quality laboratory services. This calls for improved laboratory efficiency through the development of robust and compressive laboratory...
-
Consider an initial value problem of differential equations: r' = 2x+3y-3z, y' = 4x +2y-4z, 2 = 4x+3y-5z, r(0) = -1, y(0) = 1, z(0) = 2. (a) Rewrite the initial value problem in matrix-vector form. 4...
-
Classify each of the following as direct costs or indirect costs of operating the Pediatrics ward for children at the Cleveland Clinic: a. Wi-Fi covering the entire hospital campus b. Net cost of...
-
The following information was taken from the 2012 annual report of Emerson, a leader in process management, technology, network power, and industrial automation (dollars in millions): REQUIRED:...
-
Revenues for Goodrich Corporation increased from $7.0 billion in 2010 to $8.1 billion in 2011 (a 15.9 percent increase), but earnings increased by over 40% from $579 million to $810 million. In...
-
Arlington Cycle Company began operations on January 1, 2014. The company reported the following selected items in its 2015 financial report: Arlington estimates bad debts at 2 percent of gross sales....
-
Immediately following World War II, the quality of products produced by Japanese companies was not good enough to compete in the international marketplace. The only advantage Japanese companies had...
-
A professional baseball team set its sights on winning the World Series. The team owner wanted to win big and win fast. Consequently, the team sank all of its resources into trading for the best...
-
Two quality managers meet for lunch every Friday to discuss common problems, compare notes, and make suggestions to each other. Today their discussion has turned into a debate. The topic is the...
Study smarter with the SolutionInn App