Calculate net working capital

Assignment Help Financial Management

Reference no: EM131316366

You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $750,000, accounts receivable = $1,500,000, inventory = $2,000,000, accrued wages and taxes = $560,000, accounts payable = $860,000, and notes payable = $660,000. Calculate Goodman Bees' net working capital.

Net working capital $

Reference no: EM131316366

Questions Cloud

Difference using the bond supply and demand analysis : The spread between the interest rates on Baa corporate bonds and U.S. government bonds is very large during the Great Depression years 1930-1933. Explain this difference using the bond supply and demand analysis.

Total assets-what is its return on equity : ROE Needham Pharmaceuticals has a profit margin of 5.5% and an equity multiplier of 1.8. Its sales are $120 million and it has total assets of $50 million. What is its Return on Equity (ROE)?

Find the industry ratios for the company : Find the industry ratios for the company using the Dun & Bradstreet® Key Business Ratios. Locate the Dunn & Bradstreet Database by accessing the University of Phoenix Library and then locating Library Resources. Click on Alphabetical List of Resour..

How much is your monthly mortgage payment : This morning, you borrowed $450,000 to buy a house. The APR for your mortgage is 3.6%. The loan is to be repaid in equal monthly payments over 30 years. The first payment is due one month from today. How much is your monthly mortgage payment? How muc..

Calculate net working capital : You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $750,000, accounts receivable = $1,500,000, inventory = $2,000,000, accrued wages and taxes ..

Computer fraud-used to distribute stock options to employees : Computer Fraud? Marcie Lewis and Fred Cisco worked as accountanting managers at Save-Lot Foods Stores. The company distributes stock options to its 10,000 employees as a part of their compensation package. Marcie and Fred both work with the ACE compu..

Strictly manages the provides that beneficiaries use : a ppo strictly manages the provides that beneficiaries use. the idea of creating integrated delivery systems is in preparation for the conceptt of covered lives as part of healthcare reform. this concept of getting paid a fixed amount, per covered li..

Trying to improve its inventory control system : Fisk Corporation is trying to improve its inventory control system and has installed an online computer at its retail stores. Fisk anticipates sales of 49000 units per year, and ordering cost of $8 per order and carrying cost of $1.60 per unit

Determine the depreciation schedules : An equipment costing $20,000 for assembling an electronics assembly is being considered by Sam Electronics in Cookeville, Tennessee. The equipment will have a salvage value of $5000 at the end of its life of 4 years. Determine the depreciation schedu..

User Account

All Pages