What was the company change in net working capital

Assignment Help Financial Management
Reference no: EM131584049

The 2014 balance sheet of Steelo, Inc., showed current assets of $3,145 and current liabilities of $1,585. The 2015 balance sheet showed current assets of $3,000 and current liabilities of $1,500. What was the company’s 2015 change in net working capital, or NWC? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign.) Net working capital $

Reference no: EM131584049

Questions Cloud

What did the original constitution say about slavery : What did the original Constitution say about slavery? Though the fate of slavery was not the foremost issue facing the framers of the Constitution.
What was net capital spending : Bowyer Driving School’s 2014 balance sheet showed net fixed assets of $4.6 million, What was net capital spending for 2015?
Interscholastic and recreational sport programs : What are the differences in athletic administration between interscholastic and recreational sport programs?
What is the annual tax shield to a firm : What is the annual tax shield to a firm that has total assets of $80 million and a net worth of $55 million if the average interest rate on debt is 8.5 percent.
What was the company change in net working capital : What was the company’s 2015 change in net working capital, or NWC?
What amount will proprietors of the inn be required to pay : LOAN CONSOLIDATION The proprietors of The Coachmen Inn secured two loans from Union Bank: one for $8000 due in 3 yr and one for $15,000 due in 6 yr.
How would you explain the current situation to the auditor : The Petty Cash Fund was issued several years ago for $100. How would you explain the current situation to the auditor
Analyze the return on equity ratios for your apple inc : Calculate and analyze the Return on Equity ratios for your selected company for the last two years from the SEC Form 10-K.
From your personal and professional experiences : From your personal and professional experiences, identify the traits that signify an organization is a "good corporate citizen."

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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