Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Calculate NOWC Operating current assets= 18,529,000,000 Operating current liabilities= Subtract Current portion of notes payable from current liabilities. NOWC = Operating current assets- Operating current
Calculate NOWC
Operating current assets= 18,529,000,000
Operating current liabilities= Subtract Current portion of notes payable from current liabilities.
NOWC = Operating current assets- Operating current liabilities
Total Liabilities- 45,881,000,000
Total Current Liabilities-16,716,000,000
Payables and Accrued Expenses, Current-12,539,000,000
Trade and Other Payables, Current- 8,422,000,000
Trade/Accounts Payable, Current- 7,755,000,000
Taxes Payable, Current- 667,000,000
Accrued Expenses, Current-4,117,000,000
Financial Liabilities, Current-2,395,000,000
Current Debt and Capital Lease Obligation-2,395,000,000
Current Debt-1,339,000,000
Current Portion of Long Term Debt and Capital Lease-1,056,000,000
Deferred Liabilities, Current-1,782,000,000
Deferred Income/Customer Advances/Billings in Excess of Cost, Current-1,782,000,000
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