Question
For a firm with the following info., what is the Net Working Capital? Prepaid expenses=$2 million, Cash=$4 million, Accounts payable=$3 million, Long-term debt=$40 million, Equity=$10
For a firm with the following info., what is the Net Working Capital?
Prepaid expenses=$2 million, Cash=$4 million, Accounts payable=$3 million, Long-term debt=$40 million, Equity=$10 million, Net property, plant and equipment=$35 million, Accounts receivable=$5 million, Inventory=$10 million. The firm also has some short-term bank loan outstanding (Notes Payable).
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Handbook Of The Fundamentals Of Financial Decision Making
Authors: Leonard C MacLean, William T Ziemba
1st Edition
9814417343, 978-9814417341
