Find net operating working capital

Assignment Help Business Management
Reference no: EM132691185

Tozer Industries' balance sheet showed total current assets of $5,000, including a cash balance of $725. This cash balance is excess cash. Its current liabilities consisted of $650 of accounts payable, $800 of 3% short-term notes payable to the bank, and $325 of accrued wages and taxes. What was its net operating working capital?

Reference no: EM132691185

Questions Cloud

What the federal gift tax applies to : December 1, 2018 disclaiming the car. In all cases, the disclaimers pass the interest to his son (the next heir under state law). The Federal gift tax applies
Does finance market have high or low barriers to entry : Does finance market have high or low barriers to entry?
Find last year dividend per share : Coldwater Fishery is considering a 1-for-4 reverse stock split.
Should buildings be allowed or required to be revalued : Should buildings be allowed or required to be revalued? Outline four different depreciation methods and appraise them in the context of the definition
Find net operating working capital : Tozer Industries' balance sheet showed total current assets of $5,000, including a cash balance of $725. This cash balance is excess cash. Its current liabiliti
What do think that accounting standards should allow : IAS 40 gives a choice of accounting policies in relation to investment properties. Is a choice acceptable? If not, how should IAS 40 be altered?
Find original amount of the loan : The maturity value for a loan is $50748. The loan earned interest at a rate of 6.5% compounded quarterly for 4 years. What was the original amount of the loan?
Which financial statement accounts will not require : When preparing the consolidated statements for 2020, which of the following financial statement accounts will not require a consolidated adjustment?
Make the journal entry Deloit makes : On January 1st the fair market value of Acme's land was $125,000; Make the journal entry Deloit makes when it acquires the Acme stock

Reviews

Write a Review

Business Management Questions & Answers

  What is the the rationale for regulating depository

Governments in many countries are moving toward including informal-sector enterprises in their national agendas. The sectors that must review their policies inc

  Discuss which component deserves the most attention

Discuss which component deserves the most attention in today's HIT environment and why

  Describe the timing of cash flows

What features of corporate bonds will determine the value of that bond to an investor? Describe the timing of cash flows to the investor and the issuer of the bond?

  Identify how organizations empowers employees

Identify how organizations empowers employees, health and safety, Labor and Human Rights, the environment, and accountability.

  Discuss the fundamentals of sme in dubai

Discuss the fundamentals of SME's in Dubai? Analyze the business environment in the UAE and its effect on the SME?

  Incorporated to incentivize employees productivity

Is there a way that a reward system could be incorporated to incentivize employees productivity?

  What are the three ways to indicate scale on map

What are the four types of distortions that can result from map projections? What are the three ways to indicate scale on a map?

  Majority of us businesses

By definition, a sole proprietorship is an unincorporated business owned by one person known as the sole proprietor. The majority of U.S. businesses.

  Difference between a discrete and continuous variable

What is the difference between a discrete and continuous variable, and how does this difference affect the types of analyses

  Is the image formed upright or inverted

A concave mirror has a focal length of 10 cm. An object is placed 30 cm away from it. Is the image formed upright or inverted?

  Employee unauthorized activities

Chris and Erica find themselves facing an ethical dilemma regarding an employee's unauthorized activities. Assuming you were in their position, discuss how you would address the problem to ensure that your final decision is fair and balanced, and ..

  Labour market assessment

What is the skills required to keep the company running? Where are those skills found? What are the long term prospects for those skills?

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