Use the below information to calculate Net Operating Assets (NOA) = Operating Assets - Operating Liabilities and
Question:
Use the below information to calculateNet Operating Assets (NOA) = Operating Assets - Operating LiabilitiesandNet nonoperating obligations (NNO) = Nonoperating Liabilities - Nonoperating assetsPlease show all work to identify operating versus non operating line items.
Cash & cash equivalents
2,577
Inventory
8,992
Other current assets
1,333
Total current assets
12,902
Land
6,036
Buildings, Fixtures, and Computers
39,378
CIP
533
Accumulated depreciation
(19,664)
Property & equipment, net
26,283
Operating lease assets
2,236
Other noncurrent assets
1,358
Total assets
42,779
Accounts payable
9,920
Accrued and other current liabilities
4,406
Current portion of L-T debt
161
Total current liabilities
14,487
L-T debt
11,338
Noncurrent operating lease liab
2,275
Deferred income taxes
1,122
Other noncurrent liabilities
1,724
Total noncurrent liabilities
16,459
Common stock
42
Additional paid in capital
6,226
Retained earnings
6,433
Accumulated other compr loss
(868)
Total shareholders' investment
11,833
Total liabilities and shareh investmt
42,779
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Financial And Managerial Accounting For MBAs
ISBN: 9781618533593
6th Edition
Authors: Peter D. Easton
