How much net working capital does the firm need to fund

Assignment Help Financial Management

Reference no: EM131346892

Dandee Lions, Inc., has a cash balance of $113,000, accounts payable of $228,000, inventory of $211,000, accounts receivable of $327,000, notes payable of $73,000, and accrued wages and taxes of $79,000.

How much net working capital does the firm need to fund?

Net working capital funding need $

Reference no: EM131346892

Questions Cloud

What will be the firms cash cycle : Suppose that Ken-Z Art Gallery has annual sales of $902,000, cost of goods sold of $592,000, average inventories of $178,000, average accounts receivable of $111,000, and an average accounts payable balance of $55,000. Assuming that all of Ken-Z’s sa..

What will be the firm operating cycle : Suppose that Dunn Industries has annual sales of $4.05 million, cost of goods sold of $1,590,000, average inventories of $1,056,000, and average accounts receivable of $690,000. Assume that all of Dunn’s sales are on credit. What will be the firm’s o..

How will effective communication help students : Why is it important to communicate effectively with others? How will effective communication help students in their academic career? Give examples.

Describe the psychological theory : Your supervisor, Sarah Harris, is a new probation officer who has been on the job for only a few months and is still learning the job herself. You are asked to prepare a memo to Sarah Harris listing the five types of helping professionals that she..

How much net working capital does the firm need to fund : Dandee Lions, Inc., has a cash balance of $113,000, accounts payable of $228,000, inventory of $211,000, accounts receivable of $327,000, notes payable of $73,000, and accrued wages and taxes of $79,000. How much net working capital does the firm nee..

Explain differences between popular and scholarly sources : Explain at least five differences between popular and scholarly sources used in research. Explain at least five visual cues from the peer-reviewed, scholarly source that were not evident in the popular source.

What is its payables turnover : Assume a firm has a cash cycle of 64 days and an operating cycle of 97 days. What is its payables turnover?

What will be optimal cash replenishment level : Rose Axels faces a smooth annual demand for cash of $5.12 million, incurs transaction costs of $273 every time the company sells marketable securities, and can earn 4.1 percent on its marketable securities. What will be its optimal cash replenishment..

What is its average payment period : Assume a firm has a cash cycle of 58 days and an operating cycle of 86 days. What is its average payment period?

User Account

All Pages