How much net working capital does the firm have

Assignment Help Accounting Basics
Reference no: EM13523149

Wu Systems has the following balance sheet. How much net working capital does the firm have?

Cash

$ 100

Accounts payable

$ 200

Accounts receivable

650

Accruals

350

Inventory

550

Notes payable

350

Current assets

$1,300

Current liabilities

$900

Net Fixed assets

1,000

Long-term debt

600

Common equity

300



Retained earnings

500



Total assets

$2,300

Total liab. & equity

$2,300

a. $675

b. $750

c. $825

d. $908

e. $998

Reference no: EM13523149

Questions Cloud

What is the electric flux through the circle : A flat circle of radius 17 cm is placed in a uniform electric field of magnitude 6.2 102 N/C. What is the electric flux through the circle when its face is perpendicular to the field lines
Explain what is the percent of hc1 in the lime away : You used 32 grams of Lime away solution in a titration. The titration required 18.06 ml of a KOH solution which had a molarity of 11.4 m KOH. What is the percent of HC1 in the lime away
What is the ratio of the rectangles width to its length : With a wooden ruler you measure the length of a rectangular piece of sheet metal to be 12 mm. What is the ratio of the rectangle's width to its length
Minimum conception of morality : Explain Rachels’s idea of ‘the minimum conception of morality’. Why do we need such a conception? Do you think the requirements of the minimum conception of morality that Rachels states are wholly sound? If so, why? If not, why not?
How much net working capital does the firm have : Wu Systems has the following balance sheet and how much net working capital does the firm have?
Explain freezing point and boiling point of a solution : What would be the expected Freezing Point and Boiling Point of a solution of 245gm of glucose added to 675 ml of water with a final volume of 710ml
Calculate the standard deviation of the mean : John measured the thickness of a book using a measuring stick. Calculate the standard deviation of the mean
Financial ratios and performance metrics : Financial ratios and performance metrics specific to energy industry
What is the magnitude of the flux through the rectangle : In a uniform electric field of magnitude E, the field lines cross through a rectangle of area A at an angle of 77.0° with respect to the plane of the rectangle

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute the number of trays budgeted

The Mendez Company expects sales in 2010 of 200,000 units of serving trays. Mendez's beginning inventory for 2010 is 15,000 trays; target ending inventory, 25,000 trays. Compute the number of trays budgeted for production in 2010.

  Total amount of company installment sales

What is the total amount of company's installment sales for 1990?

  Calculate the beginning inventory in process

Calculate the beginning inventory in process for (a) direct material equivalent units and (b) the conversion equivalent units if 10,000 whole units are identified and they are 40% completed.

  Underapplied or overapplied overhead into cost of goods sold

Assume that Ortega closes underapplied or overapplied overhead into cost of goods sold. What is the final (i.e adjusted) balance in cost of goods sold?

  What is the conceptual framework

What is the conceptual framework

  Sample of accounts payable for confirmation

Select a sample of accounts payable for confirmation, emphasizing vendors with a large balance and those that the client transacts with frequently, but include several with small and zero balances.

  Prepare necessary entries for current fiscal year

Assume that the County of Katerah maintains its books and records in a manner that facilitates preparation of the fund financial statements. Prepare the necessary entries for the current fiscal year.

  Yu have been hired as a consultant to harveys agent phil

harvey alexander an all-league professional football player has just declared free agency. two teams the san francisco

  A company manufactures two products bubble and squeak

A company manufactures two products bubble and squeak. The products are made from 3 materials A,B, and C; the following table shows quantities and price each material used in the products

  Becker statement of cash flows

Becker Corporation paid cash dividends totaling $75,000 during its most recent fiscal year. How should this information be reported on Becker's statement of cash flows?

  On september 17 2013 ziltech inc entered into an agreement

on september 17 2013 ziltech inc. entered into an agreement to sell one of its divisions that qualifies as a component

  How much total bond interest expense

The bonds mature in three years. The annual market rate at the date of issuance is 12%, and the bonds are sold for $277,872. How much total bond interest expense?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd