Question
Calculate the net working capital from the information given below. The figures are in millions of dollars. Cash and cash equivalents $ 90 Inventories 450
Calculate the net working capital from the information given below. The figures are in millions of dollars.
Cash and cash equivalents
$ 90
Inventories
450
Accounts receivable
255
Fixed assets
1,080
Short-term investments
145
Goodwill
90
Accounts payable
220
Long-term borrowings
660
Short-term borrowings
85
Interest payable
115
- $520
- $610
- $(140)
- $1,030
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Financial Management for Public, Health and Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
5th edition
