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Using the following information from Co. XYZ Inc. determine Cash $ 50,000 Accounts Receivables $ 42,700 Accounts payable $ 23,000 Notes payable $ 10,500 Inventories
Using the following information from Co. XYZ Inc. determine Cash $ 50,000 Accounts Receivables $ 42,700 Accounts payable $ 23,000 Notes payable $ 10,500 Inventories $ 40,000 Gross fixed assets $ 1,280,000 Other current assets $ 5,000 long term debt $ 200,000 Common Stock $ 490,000 Other assets $ 15,000 Accumulated depreciation $ 312,000 Retained earnings? ??????
a.Net Working capital of XYZ
b. The Net Operating Working Capital (NOWC)
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