Question
1.) Calculate net operating working capital if current assets are $5,787 ,accounts payable are $540 ,notes payable are $984 ,and accrued wages and taxes are
1.) Calculate net operating working capital if current assets are $5,787 ,accounts payable are $540 ,notes payable are $984 ,and accrued wages and taxes are $1,478.
2.) Calculate the book value on a per share basis when the company has 746,311 shares, each priced at $19.4 and the common equity listed on its accounting statement is $9,144,343.
3.) A firm with zero debt and $821,019 equity wants to borrow enough money to raise their debt ratio to 0.34. They are not planning any changes to their total assets but will use the proceeds of the debt issue to repurchase shares and reduce their equity. To accomplish this, how much should they borrow to the nearest round dollar?
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