FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scare Train,Inc has the following balance sheet statement ,items current liabilities of $818,139,net fixed and others assets of $1,516,470,total assets of $3,430,780 and the long

Scare Train,Inc has the following balance sheet statement ,items current liabilities of $818,139,net fixed and others assets of $1,516,470,total assets of $3,430,780 and the long term debt of $819,622.What is amount of the firm's net working capital?

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

The Oxford Guide To Financial Modeling

The Oxford Guide To Financial Modeling

Authors: Thomas S Y Ho, Sang Bin Lee

1st Edition

019516962X, 9780195169621

More Books

Students also viewed these Finance questions

Question

★★★★★
Revenue on an accrual-accounting basis is usually recognized as it is earned. Revenue in cash-basis accounting must be received in cash. Is accrual-basis or cash-basis recognition of revenue more...

Answered: 1 week ago

Question

★★★★★
Implement the Gaussian lowpass filter in Eq. (4.8-7). You must be able to specify the size, M x N, of the resulting 2D function. In addition, you must be able to specify the location of the center of...

Answered: 1 week ago

Question

★★★★★
Childbirth educators have made impressive changes in the way childbirth is now approached. However, motherhood is still extremely stressful. Imagine that our society valued motherhood enough to fund...

Answered: 1 week ago

Question

★★★★★
Agency issues It is sometimes argued that excess cash held by a firm can aggravate agency problems and, more generally, reduce incentives for shareholder wealth maximization how would you frame the...

Answered: 1 week ago

Question

★★★★★
For the RRR arm in problem 1 , it is holding and moving a small object with mass m in a space station. If the weight and the mass of the arm are neglectable, the base of the arm is stationary, and no...

Answered: 1 week ago

Question

★★★★★
P11-1 Relevant cash flow and timeline depiction For each of the following projects, deter- mine the relevant cash flows, and depict the cash flows on a time line. a. A project that requires an...

Answered: 1 week ago

Question

★★★★★
Mariana and Deion are collecting information for a marketing class project involving their client, the Humane Society. Neither one of them lives in the city where their university is located, and...

Answered: 1 week ago

Question

★★★★★
6. To ensure that only one eGrants user is reviewing a particular subapplication at any given time, it is necessary to ______. A. check in the subapplication B. reserve the subapplication C. lock the...

Answered: 1 week ago

Question

★★★★★
Clearwater Electronics plans to open a company subsidiary in Dubai, United Arab Emirates. The new office will have several engineering positions to fill and has asked for assistance from the HR...

Answered: 1 week ago

Question

★★★★★
Harry is convinced that a secret government agency is watching him. To protect himself, he sits in his darkened apartment with boarded windows and doors. Which type of schizophrenic delusion does...

Answered: 1 week ago

Question

★★★★★
Which of the following is a tool used to identify team strengths? Option 1: SWOT Analysis Option 2: Planning Poker Option 3: Product Backlog Option 4: Service Level Agreement

Answered: 1 week ago

Question

★★★★★
(Appendices) Why is the allowance procedure preferred over the direct write-off procedure for uncollectible accounts? LO77

Answered: 1 week ago

Question

★★★★★
(Appendices) Why do readers of financial statements prefer the separate disclosure of gross sales revenue and sales returns and allowances to the disclosure of a single net sales revenue amount? LO61

Answered: 1 week ago

Question

★★★★★
(Appendices) What are trade discounts and quantity discounts? From an accounting viewpoint, how does the effect of trade and quantity discounts on selling (or invoice) price differ from the effect of...

Answered: 1 week ago

Previous Question Next Question