What happened to net working capital during the year

Assignment Help Finance Basics
Reference no: EM132540703

A firm had after-tax income last year of $1.4 million. Its depreciation expenses were $0.6 million, and its total cash flow was $1.4 million. What happened to net working capital during the year? (Enter your answer in millions rounded to 1 decimal place.)

Reference no: EM132540703

Questions Cloud

What planning and control are : What Planning and control are? Which of the following items, all related to the transaction, would not be considered in the decision?
How do you know if a behavior is normal or abnormal : Have you ever questioned if someone's way of thinking or acting was normal? How do you know if a behavior is normal or abnormal? Without revealing anyone's.
What is the most the firm should be willing to pay : The efficiency gains resulting from a just-in-time inventory management system will allow a firm to reduce its level of inventories permanently by $444,000.
Incompatibilities between savers and borrowers : Analyze the role of financial intermediaries in smoothing out the incompatibilities between savers and borrowers.
What happened to net working capital during the year : A firm had after-tax income last year of $1.4 million. Its depreciation expenses were $0.6 million, and its total cash flow was $1.4 million.
How many units of each product type must be sold : Assuming a consistent sales mix, if the company wishes to earn net income of $300,000 (after tax) how many units of each product type must be sold?
Describe standard developmental issues of the gender : A Male, developmental transitional period (Child to Adolescence) with ODD (oppositional defiant disorder). The standard developmental issues of the gender.
What is the minimum variance hedge ratio : What is the minimum variance hedge ratio? How many contracts are necessary? Is it a long or a short hedge? Please explain your answers.
What are some of the benefits of obtaining cma certification : What is your understanding of the difference between a CMA and a CPA certification? What are some of the benefits of obtaining the CMA certification?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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