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Pirtucon Coreported the following results for current acts and abilities on os most recent balance sheets. Interesting the company's sales did not change-It reported sales
Pirtucon Coreported the following results for current acts and abilities on os most recent balance sheets. Interesting the company's sales did not change-It reported sales of $12,000 for its most recent year as well as for last year The counts labeled ending show us at the end of the most recent year, and the columnes beleegiming (57" show reads the end of the previous year: Beginning (8) Ending () Beginning (6) Ending (6) Current Current tables Cash 2.400 5.000 Accounts payable Accounts receivable 5,000 4,000 Notes payable 3,600 Inventory Accre . 200 Using the information given and a 305-day year, calculate days of working capital, networking capital and net operating working capital for Pirtucon Co. Use your calculations to complete the following statements: . Pussays of working capital improved from most recent year. . The company's networking capital increased from 101.94 . Pro Corting working capital in 202.23 days in the previous year to days at the end of the he previous year in the previous year to $7,500.00 at the end of lost Pirtucon C's net operating working capital increased from in the previous year to $7.500.00 at the end of lost $5.000 $8.040.00 $5.700.00 Consider the following statement Assuming that other things remain constant, trucon Co. has very very low working capital face, it implies that the company has no business Based on your understanding of working capital operating assets, and nonoperating assets, identify whether the preceding statement is true for Pirtucione This statemente con This statements for Pucon Co. The company's networking capital increased from $9.500.00 in the previous year to Pucon Co.net perting working capital increased from In the pre at the end of your 1,500.00 at the end of lost $3.900.00 $3,000.00 $4,400.00 $4,680.00
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