Question
Using the financial statements below calculate the net operating working capital (nowc): sales $500,000 expenses excluding depreciation and amortization $250,000 ebitda $250,000 depreciation and amortization
Using the financial statements below calculate the net operating working capital (nowc): sales $500,000 expenses excluding depreciation and amortization $250,000 ebitda $250,000 depreciation and amortization $33,100 ebit $216,900 interest expense $10,470 ebt $206,430 taxes (40%) $82,572 net income $123,858 common dividends $20,000 addition to retained earnings $103,858 assetscash and cash equivalents $35,000 short-term investments $3,800 accounts receivable $225,000 inventories $75,000 total current assets $338,800 net fixed assets $225,000 total assets $563,800 liabilities and equity accounts payable $45,500 accruals $16,000 notes payable $13,500 total current liabilities $75,000 long-term debt $54,500 total liabilities $129,500 common stock $334,362 retained earnings $99,938 total common equity $434,300 total liabilities and equity $563,800
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