Question
XYZ Company has the following account balances at the end of the year. Cash = $74,000 Accounts Receivable = $214,000 Inventory = $472,000 Accounts Payable
- XYZ Company has the following account balances at the end of the year.
Cash = $74,000
Accounts Receivable = $214,000
Inventory = $472,000
Accounts Payable = $118,000
Short-term Notes = $175,000
Current Portion of Long-Term Debt = $23,000
What is this companys Net Working Capital?
- If a supplier charges you $50,000 2/10 Net 30 on an invoice, how much would you owe to them if you paid them in the first 10 days?
Please answer both questions if possible
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Public Finance Theory And Practice
Authors: M. Marlow
1st Edition
0030969603, 978-0030969607
