Question: will rate Solve for the net operating working capital below by following three steps 1. Consider a firm with $572 in Cash, $2,825 in Accounts

will rate will rate Solve for the net operating working capital below by following

Solve for the net operating working capital below by following three steps 1. Consider a firm with $572 in Cash, $2,825 in Accounts Receivable, $5,992 in Inventory, $8,977 in Property, plant and Equipment. Calculate the Current Assets of the firm (be careful about what is included in Current Assets) 2. The same firm has $465 in Accurals, $799 in Accounts Payable, $8,914 in Long term Debt and $3,464 in Retained Earnings. Calculate the Current Liabilities of the firm excluding notes payable . (be careful about what is included in Current Liabilities) . What if you were given that current liabilities were $2,165 and notes payable were $765, can you find current liabilities excluding notes payable in this case? 3. Now that you have Current Assets and Current Liabilites without notes payable, use the formula from Section 3-2A to find Net Operating Working Capital Net Working Capital = Current Assets - (Current Liabilities - Notes) Net Working Capital = Current Assets - (Accruals + Accounts Payable) . Include your asnwer in dollars with no decimal example ($5040 or 5040 are both acceptable notation)

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