What is the companys net working capital

Assignment Help Financial Management
Reference no: EM13850386

Laurel Electronics reported the following information at its annual meeting: The Company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,120,400, accounts receivables of $3,452,400, short-term notes payable worth $1,136,700, and other current assets of $121,455. What is the company's net working capital?

Reference no: EM13850386

Questions Cloud

Summarize what measures measure in health care : In a 1-2 page paper, summarize what measures measure in health care, including the following: the use of measurement for evaluating care, measuring managing needs, measuring quality and cost of services, and measuring health care leadership
Depreciation change-firm net income-free cash flow to change : Last year, Stewart-Stern Inc. reported $11,250 of sales, $4,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds outstanding that carry a 6.5% interest rate, and its federal-plus-state income tax..
Discuss the trends and offer the reader : How has Procter and gambles stock performed in the short term and the long term? Discuss the trends and offer the reader you opinion as to why the stock has performed the way it has.
Balance sheet information-how much long-term debt : Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $314,..
What is the companys net working capital : Laurel Electronics reported the following information at its annual meeting: The Company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,120,400, accounts receivables of $3,452,400, short-term ..
Make to pay off the loan : If you borrow $25,000 today and your annual payments are $1683.95, how many payments must you make to pay off the loan if you are being charged 6% APR compounded annually?
Mortgage payments are monthly cash outflows : Ten years ago, an organization took out a $350,000 30-year mortgage with a 4.75% annual interest rate. Now, it is taking advantage of low interest rates to refinance the mortgage. The new mortgage will be $300,000—enough to pay off the old mortgage a..
Capital asset pricing model-appropriate expected rates : (Capital Asset Pricing Model) The expected return for the general market is 11.0 percent, and the risk premium in the market is 6.4 percent. Tasaco, LBM, and Exxos have betas of 0.831, 0.696, and 0.576, respectively. What are the appropriate expected..
Assume the college will cease deposits into the fund : A small, private college is starting a scholarship fund. The college’s fund managers expect the investments in the fund will earn an average annual return of 8%. After those 20 years have passed, how much in scholarship money can the college pay out ..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the new divisor for the price-weighted index

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $36, $312, and $82, respectively. If Baker undergoes a 3-for-2 stock split, what is the new divisor for the price-weighted index?

  Computes a quarterly and annualized return on the portfolio

Calculates a quarterly and annualized return on the portfolio, and the expected return for the portfolio (students may use the closing prices as of December 31st of last year).

  Making semi-annual payments

LKM, Inc, wants to issue new 20 year bonds for some much needed expansion projects. The company currently has bonds on the market that sell for $972.78, making semi-annual payments, with a 6.5% coupon rate. What is the yield to maturity of the bond?

  Describe the purpose primary financial statements

Describe the purpose of each of the five primary financial statements.

  ART has come out with a new and improved product

ART has come out with a new and improved product. As a result, the firm projects an ROE of 30%, and it will maintain a plowback ratio of 0.20. Its earnings this year will be $3.0 per share. Investors expect a 16% rate of return on the stock. What pri..

  Develop a financing plan to raise capital for a new venture

Develop a financing plan to raise capital for a new venture. The 8 to 10 page paper should cover major course concepts. How will the money be used

  Characteristic of the price of stock

Which is a characteristic of the price of stock?

  Projected liabilities and owners equity

When projected assets are more than projected liabilities and owners’ equity, the plug will be

  What is the intrinsic value of the companys common stock

Whats the intrinsic value of the stock based on the required rates of return - What is the intrinsic value of the companys common stock?

  What is the book value of klingons total assets today

Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $5.2 million. Klingon’s current balance sheet shows net fixed assets of $4 million, current liabilities of $77..

  Investment will yield earnings before interest and taxes

SoHo Corporation, a boutique clothing company, has asked for your advice on whether to invest $40 million in a new line of beachwear. The investment will yield earnings before interest and taxes of $10 million a year, and any depreciation on the proj..

  Accounts receivale collecetion period and discount kitkat

kitkat tools are considering offering a cash discount to speed up the collection of accounts receivable. currently the

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