User Account

All Pages

Calculate the increase in net working capital

Assignment Help Accounting Basics
Reference no: EM131820317

Problem

Ajax Ltd, in 2012, reported an amount of $45m in Accounts Receivable, which was up from $39m in the previous year. Inventories were also up on the previous year, being $25m in 2012 as compared with $21m in 2011. This investment in working capital was partly funded by an increase in Accounts Payable, which was $26m in 2012, as compared with $25m in 2011.

Calculate the increase in Net Working Capital in 2012.

Reference no: EM131820317

Questions Cloud

Cost of equity be if the debt-equity ratio were zero : What is the company’s cost of equity capital? What would the cost of equity be if the debt-equity ratio were zero?
What do you think about health-care professionals disclosing : Respecting the wishes of a client suffering from ALS that he be permitted to die with dignity and not placed on "breathing machines" .
Calculate the free cash flow generated by ajax ltd : Ajax Ltd reported Net Income of $435m in 2013, after providing for $186m in tax at a rate of 30%. Calculate the free cash flow generated by Ajax Ltd in 2013.
Distribution of buying frequency rates : The article "The Distribution of Buying Frequency Rates" (Journal of Marketing Research [1980]: 210-216) reported the results of a 31 2-year study
Calculate the increase in net working capital : Ajax Ltd, in 2012, reported an amount of $45m in Accounts Receivable. Calculate the increase in Net Working Capital in 2012.
Research the literature and find the evidence : The first step in translating evidence into practice is to find the evidence. Various tools are now available to help you research the literature.
Compute accounts receivable turnover ration : All sales were on account. Net cash provided by operating activities
Compute the company margin : KAM Co. reports the following information for its most recent year: Net operating income $180,000. Compute the company's turnover
Preparing a statement of retained earnings : Preparing a statement of retained earnings Tinder, Inc. had beginning retained earnings of $90,000 on January 1, 2016.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd