Question: Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,537, accounts payables worth

Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,537, accounts payables worth $4,160,759, inventory of $7,121,619, accounts receivables of $3,489,462, notes payable worth $1,151,990, and other current assets of $122,691. What is the company's net working capital?

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!

The cable is subjected to the parabolic loading w = 200(1 - (x/50 2 ) lb/ft, where x is in ft. Determine the equation y = f(x) which defines the cable shape AB, and the maximum tension in the cable....

Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,805, accounts payables worth $4,160,102,...

Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,814, accounts payables worth $4,159,801,...

Question 11 poml/ Trevi Corporation recently reported an EBITDA of $31,000 and $9,500 of net income. The company has $6,800 interest expense, and the corporate tax rate is 35 percent. What was the...

I have attached the file there are five questions in total in the attached document. Trevi Corporation recently reported an EBITDA of $32,800 and $9,700 of net income. The company has $6,900 interest...

Question 2 Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,290. accounts payables worth...

Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,007, accounts payables worth $4,159,540,...

Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,130, accounts payables worth $4,160,730,...

Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,750, accounts payables worth $4,160,210,...

Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,560, accounts payables worth $4,159,900,...

Working capital : Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,560, accounts payables worth $4,160,440,...

Respond to the following questions in at least one paragraph each. reference cited needed 1. What is the definition of planning? Of strategic planning? Of operational planning? 2 . What is the value...

Mission statements vary widely from one company to another. Why is one mission statement better than another? Using Campbells questions in Strategy Highlight 1.2 as a starting point, develop criteria...

Explain why using the DuPont analysis would assist in determining the cause of a decrease in the return on equity. 4 marks

Of 99 adults selected randomly from one town, 60 have health insurance. Construct a 90% confidence interval for the percentage of all adults in the town who have health insurance. a (52.5%, 68.7%) b...

Consider the perfectly competitive wheat sector in Pakistan. To begin with, consider that the economy is closed to trade. The government imposes a consumption tax of $10 per unit, consumers pay $20...

Prepare the 2014 fiduciary income tax return (form 1041) forthe Green Trust. In addition, determine the amount and character of the income and expense items that each beneficiary must report forthe...

Read the case study Eastern Electronics and answer the following questions: 1) Analyze the performance of Eastern Electronics over the 20x3 through 20x6 time period. Also, determine if the budget...

TTI rents a warehouse. Back in November 2019, TTI experienced flood damage in the warehouse caused by a water heater leak. According to the terms of TTI's lease, TTI is responsible to ensure the...

Addressing the health and social issue of obesity is a complex and multifaceted task. You need to identify three previous social marketing programs (these can be Australian or international examples)...

1. What does this mean for me?

2. Think of a person you really appreciate and who is a role model for you, such as something you admire for what the person does or has done (historical people, friends, family, from fairy tales,...

5. List at least three personal roles that you want to perform better. What can you imagine doing to perform better in these three personal roles. Use tomorrow to improve what you think can be...