Question
Use the table below to determine What working capital policy the firm is following, Aggressive, Moderate or Conservative? Assets $ Cash 30,000 Accounts Receivable 15,000
Use the table below to determine What working capital policy the firm is following, Aggressive, Moderate or Conservative?
Assets $
Cash 30,000
Accounts Receivable 15,000
Inventory 130,000
Fixed Assets 500,000
Total Assets 675,000
Liabilities & Shareholders Equity $
Accounts Payable 30,000
Notes Payable 20,000
Long Term Debt 150,000
Common Equity 475,000
Total Equity 675,000
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
4th Canadian edition
134724712, 134724713, 9780134779782 , 978-0134724713
