Question
1- Jenn & Co., reported the following information at its last shareholders meeting: Cash and cash equivalents = $2,445,000; Accounts payables = $6,300,000 Inventory =
1- Jenn & Co., reported the following information at its last shareholders meeting:
Cash and cash equivalents = $2,445,000;
Accounts payables = $6,300,000
Inventory = $1,500,000;
Accounts receivables = $7,100,000;
Notes payables = $2,200,000;
Other current assets = $200,000.
Calculate the companys net working capital.
2- Ali Royal Company generated the following numbers last quarter
Depreciation and amortization: $200,000
Net Income: $350,000
Increase in receivables: $150,000
Increase in inventory: $125,000
Increase in accounts payables: $140,000
Decrease in marketable securities: $48,000.
What is the cash flow from operating activities generated last quarter by the firm?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started