Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ...
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Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ Balance Sheet (in thousands) Inventory Assets Liabilities 762 Short-term debt 479 730 Accounts payable 225 465 Short-term loans 414 487 Interest payable 420 362 Current liabilities 1538 2806 5000 Long-term debt 2300 Cash and cash equivalents Accounts receivable Marketable securities Prepaid Expenses Current Assets Fixed Assets D Based on the below excerpt from Company XYZ's balance sheet, calculate non-cash working capital Company XYZ Balance Sheet (in thousands) Inventory Assets Liabilities 762 Short-term debt 479 730 Accounts payable 225 465 Short-term loans 414 487 Interest payable 420 362 Current liabilities 1538 2806 5000 Long-term debt 2300 Cash and cash equivalents Accounts receivable Marketable securities Prepaid Expenses Current Assets Fixed Assets D
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To calculate the noncash working capital we need to exclude cash and cash equivalents from the tot... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
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