Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the change in Working Capital Requirement (WCR) based on this balance sheet? WCR = (A/R+ INV + prepaid expenses) - (A/P+accruals) is the

What is the change in Working Capital Requirement (WCR) based on this balance sheet?

WCR = (A/R+ INV + prepaid expenses) - (A/P+accruals) is the formula I was given.image text in transcribedimage text in transcribed

Balance Sheet 2014 2015 Assets Current assets Cash and equivalents Accounts receivable Inventories Other Total current assets 391 668 663 78 452 716 641 92 1,901 1,800 Fixed assets Property, plant, and equipment Less accumulated depreciation Net property, plant, and equipment Intangible assets and others Total Net Fixed assets Total Assets Liabilities & Shareholder's Equity Current liabilities Accounts payable Accrued expenses Total current liabilities Long-term liabilities 3,179 1,092 2,087 709 2,796 4,596 2014 4,148 1,340 2,808 793 3,601 5,502 2015 485 401 886 519 247 766 Deferred taxes 159 330 Long-term debt Total long-term liabilities Stockholders equity 1,148 1,307 1,179 1,509 Stockholders equity 21 21 126 126 Preferred stock Common stock Capital surplus Accumulated retained earnings 779 1,603 794 2,478 Less treasury stock Total Shareholders Equity Liabilities & Shareholder's Equity (126) 2,403 4,596 (192) 3,227 5,502

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_2

Step: 3

blur-text-image_3

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

Principles Of Banking

Authors: Allyn C Buzzel

11th Edition

089982689X, 9780899826899

More Books

Students also viewed these Finance questions