Change in net working capital

Assignment Help Business Economics
Reference no: EM132408194

UML Inc. had an EBIT of 63,000, depreciation expense of 8,500, and paid 17,000 in taxes. Its interest costs were $8,800; its long-term borrowing reduced by $4,000; it raised $6,000 in new equity; and paid $12,000 in dividends. If the net capital spending was $26,000, what was the change in net working capital?

Reference no: EM132408194

Questions Cloud

Analyze the development of the relationship : Analyze the development of the relationship. What brings them together? What strengthens their relationship and causes it to grow? What threatens it
How much equity must the firm issue : The company wants to maintain a target capital structure which is 60% debt and 40% equity. The company forecasts that its net income this year will be $800,000.
Financial planning by answering a series of questions : Having just graduated from HBU with a degree in finance, you landed a job as a finance counselor for a large company.
Do you believe that all data should be encrypted : Do you believe that all data should be encrypted? Many computing professionals think this is a good idea.
Change in net working capital : If the net capital spending was $26,000, what was the change in net working capital?
What is the hedge ratio : What is the hedge ratio? Now calculate the answers for exercise prices of 90 and 110.
Cybersecurity and driverless vehicles : write an essay paper that is three to four pages in length (at least 1,000 words) on the topic of "Cybersecurity and Driverless Vehicles."
What is the net present value of investment : Assume a present value of equity of $1,716,969; an initial cash outlay of $1,600,000; available financing of $10,240,000, and improvement costs
Considering commissions on the purchase : What was the return on an investment in the shares before considering commissions on the purchase? Round your answer to two decimal places.

Reviews

Write a Review

Business Economics Questions & Answers

  Using the concepts of marginal utility and marginal cost

Using the concepts of marginal utility and marginal cost, discuss the nature of the inefficiency in each of the following cases: an arrangement that offers relatively little coffee and much tea to people who prefer coffee and does the reverse for tea..

  Illustrate what are the consequences of turnover

Simply speaking increasing inventory turnover is an important goal for retail manager. Illustrate what are the consequences of turnover that's too slow.

  Statements uses economic vocabulary correctly

Which of the following statements uses economic vocabulary correctly?

  Why did not it win all of those contracts

Why would your company have bid with a zero mark-up on some past tenders? Why didn’t it win all of those contracts?

  Determine the price elasticity of demand

The ECON3305 company was considering a price increase and wished to determine the price elasticity of demand (arc elasticity of demand). An economist and a market researcher, Sandy and you, were hired to study demand. In a controlled experiment, it w..

  Determining the implications for democracy

What is the expressive theory of voting and what are it's implications for democracy?

  Drinking orange juice can reduce the risk of heart attack

Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the conditions below. What are your predictions? The American Medical Ass..

  Consumer product safety commission

In a brief 250 essay Access the website for the Consumer Product Safety Commission (CPSC) and review the functions and responsibilities of the CPSC. Present a reasoned argument as to whether the public would be better served by a "free market" approa..

  Constructing a karyotype

Why is a photograph of cells in metaphase utilized when constructing a karyotype?

  Diffirentiate free market and market equilibrium

In economics, diffirentiate free market and market equilibrium. What is the best ways to control the price of sugar in the USA.

  How much does the equilibrium level of output? fall

If planned investment falls by? 100, how much does the equilibrium level of output? fall

  Each factors shape the growth and changes of industry

What factors in economic segment can have significant impact on U.S. restaurant industry? How does each of these factors shape the growth and changes of the industry? What are the future trend of each factor and the resulting changes of the industry?

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!

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