What is the firm net working capital using market values

Assignment Help Finance Basics
Reference no: EM132638031

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 $7,121,599, accounts receivables of $3,488,121, short-term notes payable worth $1,151,663, and other current assets of $121,455 is all at book value. Suppose marking to market reveals that the market value of the firm's inventory is 25 percent below its book value, its receivables are 27 percent below its book value, and the market value of its current liabilities is identical to the book value.

What is the firm's net working capital using market values? (Round intermediate calculations and final answer to the nearest whole dollar, e.g. 5,275.)

Reference no: EM132638031

Questions Cloud

Defines the scope and strategy : Analyzes your business topic, defines the scope and strategy for how you will go about your capstone project, incorporates your BetterUp assessment
Which specific populations are vulnerable to the crisis : Which specific populations are vulnerable to the crisis? Describe the research studies available on the opioid crisis in NYC chose: types, design, strengths.
Var for a portfolio containing options : Explain why the linear model can provide only approximate estimates of VaR for a portfolio containing options.
Cloud-based database management system : Describe how a cloud-based database management system differs from an on-site database.
What is the firm net working capital using market values : What is the firm's net working capital using market values? (Round intermediate calculations and final answer to the nearest whole dollar, e.g. 5,275.)
Discuss the validity of the instrument used in the research : Discuss the validity of the instrument used in this research. What are some internal and external validity threats associated with this research instrument?
What is the total debt ratio : Corner Books has a debt-equity ratio of .57. What is the total debt ratio?
What is the pros and cons to internal and external validity : What is the pros and cons to internal and external validity of research designs. How can internal and external validity of research designs benefit evidence.
What is the time weighted return for acme : Alexis buys 100 shares of Acme stock at $100 per share on January 1, Year 1. At the end of the first year (December 31, Year 1), she buys 100 more

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