1. 202.93, 101.93, 292.65, 134.82

2. 123.30, 82.20, 98.65, 115.09

3. 7,500, 9750, 11700, 11000

4. 167500, 20100, 13400, 10500

Attempts Average: /s 8. Basic concepts Aa Aa of the financial crisis, Ben Bernanke, chairman of the Federal Reserve, said that "shortening the cash cydle and better use of are the most important factors as private-sector businesses struggle to overcome the current economic volatility and difficuity in accessing capital markets (IBM Global Business Services, "Managing Working Capital in the New Economic Environment,"http://www-935.ibm.com/services/uk/bcs/pdf/working capital_paper p://www.-935.ibm.com/services/uk/bas/paf/working. capital paper odsn Considering how important working capital management is, Belgotts Inc. decieed to evaiuate the amount of working capital being used in the firm and explore the prospects of how its working capital will be financed Belgotts Inc. reported the following results for current assets and liabilities on its most recent balance sheets. Interestingly, the company's sales did not change-it reported sales of $27,750 for its most rec nt year as well as for last year The columns labeled "Ending (S)" show results at the end of the most recent year, and the columns labeled "Beginning ($ show results at the end of the previous year: Beginning ($)Ending ($) Beginning () Ending ($) Current assets Current liabilities Cash Accounts receivable Inventory 6,500 12,500, 9,7 U 12.500 Acounts payable 10,000 Notes payable 8,500 Accruals 12,000 8,000 12,250 9,000 using the information given and a 365-day year, calculate days of working capital, net working capital, and net operating working capital for Bellgotts Inc. Use your calculations to complete the following statements: . Bellgotts Inc.'s days of working capital improved from days in the previous year to days at the end of the most recent year. The company's net working capital increased from $8,750.00 in the previous year to at the end of last year. * Belligotts Inc.'s net operating working capital increased from in the previous year to $18,750.00 at the end of last year