Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Consider the information below from a firm's balance sheet for 2011 and 2012. Current Assets 2012 2011 Change Cash and Equivalents $1,561 $1,800 -$239 Short-term

Consider the information below from a firm's balance sheet for 2011 and 2012.

Current Assets 2012 2011 Change

Cash and Equivalents $1,561 $1,800 -$239

Short-term investments $1,052 $3,010 -1,958

accounts receviable $3,616 $3,129 $487

inventories $1, 816 $1,543 $273

other current assets $707 $601 $106

Total current assets $8,752 $10,083 -$1,331

Current Liabilities

Accounts payable $5,173 $5,111 $62

short-term debt $288 $277 $11

other current liabilities $1,401 $1,098 $303

total current liabilities $6,862 $6,486 $376

What is the Net Working Capital for 2012?

What is it for 2011?

What is the Change in Net Working Capital (NWC)?

Assuming the Operating Cash Flows (OCF) are $7,155 and the Net Capital Spending (NCS) is $2,372, what is the Cash Flow from Assets?

Please show all work.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Management Of Financial Institutions

Authors: George H Hempel

1st Edition

0133159604, 9780133159608

More Books

Students also viewed these Finance questions