Question: undefined Using the information below, calculate the net operating working capital for 2020. Balance Sheet as of December 31 (Millions of Dollars) 2020 2019 2020
undefined
Using the information below, calculate the net operating working capital for 2020. Balance Sheet as of December 31 (Millions of Dollars) 2020 2019 2020 2019 Assets Liabilities and Equity $900 Accounts payable Cash $1,044 $1,247 $1,077 Short-term Investments 90 100 Accruals 550 500 Accounts Receivable 2,002 1,726 645 575 Notes payable Total Current Liabilities Inventories 5,055 4,367 2,442 2,152 Total Current Assets 8,192 7,093 Long-term debt 2.814 3,174 Net plant and equipment 10,111 8,733 Total Liabilities 5,256 5,326 Total Assets $18,302 $15,826 Common stock 2,400 2,500 10,647 8,000 Retained earnings Total common equity 13,047 10,500 Total liabilities and equity $18,302 $15,826 $6,305 $6,128 $5,781 C$6,295
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
