Calculate net working capital

Assignment Help Financial Management
Reference no: EM13977881

You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the following balances: cash and marketable securities = $850,000, accounts receivable = $1,700,000, inventory = $2,200,000, accrued wages and taxes = $580,000, accounts payable = $880,000, and notes payable = $680,000.

Calculate Goodman Bees' net working capital.

Reference no: EM13977881

Questions Cloud

Prepare a contribution margin income statement for march. : "Will you try to explain this operating income thing to me one more time?" Ricardo asked Binta. "After I saw last month's income statement, I thought each mascot we sold generated $6.85 in net income; now this month, each one generates $8.07
What is electrical potential at point p due to the charges : Three point charges of -2.00 μC, +4.00 μC, and +6.00 μC are placed along the x axis as shown in Figure. What is the electrical potential at point P due to these charges?
Announced it is increasing its annual dividend : Global Logistics just announced it is increasing its annual dividend to $1.68 next year and establishing a policy whereby the dividend will increase by 3.25 percent annually thereafter. How much will one share of this stock be worth ten years from no..
Calculate total stockholders equity : Casello Mowing & Landscaping's year-end 2015 balance sheet lists current assets of $435,500, fixed assets of $550,500, current liabilities of $416,900, and long-term debt of $315,100. Calculate Casello’s total stockholders’ equity.
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 = $850,000, accounts receivable = $1,700,000, inventory = $2,200,000, accrued wages and taxes ..
Radiology group-what is group underlying cost structure : Assume that a radiology group practice has the following cost structure: what is the group underlying cost structure? what are the group estimated total cost at 5,000 procedures? At 10,000 procedures? What is the average cost per procedure at 5,000, ..
What is your perception of the quality of evidence : What is your perception of the quality of evidence gathered based on how constructs were explained, manner in which the study samples were selected, and how well the survey was constructed
Identifying operating exposures-management must recognize : In this module, you were introduced to identifying operating exposures that management must recognize. If your company was contemplating moving operations overseas, explain your rationale as to what country you would recommend the company expand to a..
Embedded systems design : Embedded Systems Design- You have been hired as a consulting engineer to develop various embedded systems. For these consulting contracts, bids were requested for the design and development of embedded systems as well as the generation of all doc..

Reviews

Write a Review

Financial Management Questions & Answers

  Expected return-standard deviation diagram

You are the portfolio manager for a mutual fund. Your fund has an expected return of 15% with a standard deviation of 24% and the T-bill rate is 3%. Your client chooses to invest 60% of her retirement pension in your fund and the remaining 40% in T-b..

  The report have to be word processed use meggitt company

the report have to be word processed use meggitt company latest annual report and accounts200520062007200820092010 to

  What is the market value per share

Analysts forecast that ABC. Inc will pay a dividend of $2.50 a share now, continuing a long-term growth trend of 10% per year. If this trend is expected to continue indefinitely, and investors' required rate of return for ABC is 12%: What is the mark..

  What is the sharpe ratio of your risky fund

Your client invests 70% in your risky fund and 30% in T-Bills. What is the expected return and standard deviation of your client’s portfolio? Suppose your risky portfolio includes the following stocks: Stock A: 25%; Stock B: 32%; Stock C: 43%. What a..

  How expensive a home mortgage can you afford

Suppose you have budgeted $ 1175 a month towards a mortgage. If you are offered a 30 year mortgage at an interest rate of 7.5%, how expensive a home mortgage can you afford?

  The employee would be paid

Pickard Company pays its sales staff a base salary of $4,500 a month plus a $3.00 commission for each product sold. If a salesperson sells 800 units of product in January, the employee would be paid:

  Mortgage lender-the current mortgage rate

You are a mortgage lender. The current mortgage rate for a 30-year fixed loan is 3.875%. For the sake of this assignment, let's assume this is an extreme balloon loan and no prinicpal payments are made until maturity, so annual interest is based off ..

  Methods for evaluating possible capital projects

What are the various methods for evaluating possible capital projects, in terms of their possible benefits to the firm? Describe the benefits and/or shortcomings of each. What is the NPV profile and what are its uses?

  What are the operating cash flows each year

You have been asked by the president of your company to evaluate the proposed acquisition of a new special-purpose machine. The machine's basic price is $1,000,000 and our accountant requires that it be written off over its 5 year class using straigh..

  Calculate the profit per share for an investor

Calculate the profit per share for an investor that exercises a put option with a strike price of $60 when the stock is selling for $46 and the premium for the put option was $4.

  Find the amount of rent-end of each year to break even

David Livingston has bought a house for $250,000, of which $50,000 is the value of the land. Livingston expects that the value of the property will increase at the compound rate of 4% per year. He will rent the house for the next five years and then ..

  What is the cash flow to stockholders

The State News had net income of $357 of which 40% was distributed to shareholders as dividends. During the year, the company issued new common stock, amounting in $93. What is the cash flow to stockholders?

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