Question
1)How would each of the following six different transactions affect Dynamic Mattress (cash) and net working capital? a)Paying out a $2M cash dividend b)A customer
1)How would each of the following six different transactions affect Dynamic Mattress (cash) and net working capital?
a)Paying out a $2M cash dividend
b)A customer paying a $2500 bill resulting from a previous sale
c)Paying $5000 previously owed to one of its suppliers
d)Borrowing $1M long term and investing the proceeds in inventory
e)Borrowing $1M short term and investing the proceeds in inventory
Selling $5M of marketable securities for cash
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
