How much is the firms net working capital

Assignment Help Financial Management
Reference no: EM13721748

Universal Financial, Inc. has total current assets of $1,200,000; long-term debt of $600,000; total current liabilities of $500,000; and long-term assets of $800,000. How much is the firm's net working capital?

A) $1,000,000

B) $900,000

C) $600,000

D) $700,000

Reference no: EM13721748

Questions Cloud

Financial planning process after firm develop sales forecast : What is the next step in the financial planning process after a firm develops a sales forecast?
Made a gain or loss due to the exchange rate change : Your Boston headquartered manufacturing company, Wruck Enterprises, obtained a 50 million-peso loan from a Mexico City bank last month to fund the expansion of your Monterrey, Mexico plant. When you took out the loan the exchange rate was 10 US cents..
Define your own interpretation of the community : Define your own interpretation of the Community-Based Participatory Research (CBPR) model. If you were about to introduce this model to a group of public health students, how would you define the CBPR model.
What is enigmas cash flow from operations : Enigma has the following financial information: Net Income $70,000 Taxable Income (EBT) $100,000 Interest Expense $20,000 Depreciation Expense $15,000 Tax Expense $30,000 Increase in Current Assets $20,000 Increase in A/P and Accruals $10,000 Decreas..
How much is the firms net working capital : Universal Financial, Inc. has total current assets of $1,200,000; long-term debt of $600,000; total current liabilities of $500,000; and long-term assets of $800,000. How much is the firm's net working capital?
What personal leadership characteristics are most important : What personal leadership characteristics are most important, for building successful buying or selling teams?What are the core competencies of a successful buying or selling team leader?
Wheeler corporation had retained earnings : Wheeler Corporation had retained earnings as of 12/31/10 of $15 million. During 2011, Wheeler's net income was $7 million. The retained earnings balance at the end of 2011 was equal to $20 million.
Rogues operating income is equal : Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Goods Sold = $1,500,000; Depreciation Expense = $170,000; Administrative Expenses = $150,000; Interest Expense = $30,000; Marketing Expenses = $80,000; an..
How do tcp and udp relate to ip : i. How do TCP and UDP relate to IP (Internet protocol)? Which of these pro- tocols are encapsulated within (or layered atop) one another? Could all three be used simultaneously?

Reviews

Write a Review

Financial Management Questions & Answers

  Different implications of running a country that is within

different implications of running a country that is within or outside of the european union. if you were the head of a

  What actions can it take to be in compliance

If the Friendly National Bank experiences a required reserves deficit, what actions can it take to be in compliance with the existing required reserves ratio?

  To develop a schedule for project we will use the concept

to develop a schedule for a project we will use the concept of a project network which shows work activities taken from

  Suppose the spot exchange rate for the canadian dollar

Suppose the spot exchange rate for the Canadian dollar is Can$1.04 and the six-month forward rate is Can$1.06. Which is worth more, a U.S. dollar or a Canadian dollar?

  Dr n mohamudally 1200 question 1 normal 0 false false

dr. n. mohamudally 12.00 question 1 normal 0 false false false en-in x-none x-none

  Explain the efficient market hypothesis

The New York Stock Exchange is an example of a stock exchange that has a physical location. e) A larger bid-ask spread means that the dealer will realize a lower profit. f) The efficient market hypothesis assumes that all inventories are rational.

  Excess short-term cash in particular money market investment

The treasurer of a large corporation wants to invest $45 million in excess short-term cash in a particular money market investment. The prospectus quotes the instrument at a true yield of 3.65 percent; that is, the EAR for this investment is 3.65 per..

  Payments are annual and the loan will negatively amortize

Instruction as how you solve with a financial calculator is preferred. A business borrows $325,914 for 8 years at an annual rate of interest of 6.1%. If payments are annual and the loan will negatively amortize by $30,539, what will be the annual pay..

  Calculate and interpret the ratios

Calculate and interpret the ratios - Industry Average Return on assets (ROA) 5.2% Current ratio 2.0 Days cash on hand 22 daysAverage collection

  Describe the return to investors

What variable would you concentrate your eff orts on and why? makesure properly cite your work if you are borrowing anything - type of equation works best and which industries this equation would not apply.

  Though the real estate market has been depressed in some

though the real estate market has been depressed in some countries due to the aftermath of the global financial crisis

  In january ron a firefighter was injured in the line of

in january ron a firefighter was injured in the line of duty as a result of interference by a homeowner. he incurred

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