Question
XYZ has the following items on its balance-sheet: Cash=2,000, Marketable Securities = 8,000, Accounts Receivable = 1,000, Inventory = 2,000, Accounts Payable =3,000 including Short-term
XYZ has the following items on its balance-sheet: Cash=2,000, Marketable Securities = 8,000, Accounts Receivable = 1,000, Inventory = 2,000, Accounts Payable =3,000 including Short-term Bank loans =1,000. XYZ sales are 20,000 and it needs 200 for operating activities.
What is XYZ.s Operating Net Working Capital (ONWC)?
A. 200
B. 1,200
C. 2,000
D. 1,000
E. 10,000
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Finance And Economics Discussion Series How Fast Do Personal Computers Depreciate Concepts And New Estimates
Authors: United States Federal Reserve Board, Mark E. Doms
1st Edition
1288712561, 9781288712564
