Question
Quarterly working capital levels for your firm for the next year are included in the following table. What are the permanent working capital needs of
Quarterly working capital levels for your firm for the next year are included in the following table. What are the permanent working capital needs of your company? What are the temporary needs?
| Quarter | ||||
| (000) | 1 | 2 | 3 | 4 |
| Cash | $100 | $100 | $100 | $100 |
| Accounts Receivable | 200 | 103 | 99 | 603 |
| Inventory | 204 | 505 | 902 | 48 |
| Accounts Payable | 96 | 105 | 104 | 99 |
What are the permanent working capital needs of your company?
The permanent working capital needs of your company are?
(Round to nearest dollar.)
What are the temporary needs?
The temporary needs for the first quarter are ?
(Round to nearest dollar.)
The temporary needs for the second quarter are ?
(Round to nearest dollar.)
The temporary needs for the third quarter are?
(Round to nearest dollar.)
The temporary needs for the fourth quarter are?
(Round to nearest dollar.)
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Millionaire By Thirty The Quickest Path To Early Financial Independence
Authors: Douglas R. Andrew, Emron Andrew, Aaron Andrew
1st Edition
0446501840, 978-0446501842
