How much net working capital does the firm need to fund

Assignment Help Finance Basics
Reference no: EM13281891

Elle Mae Industries has a cash balance of $62,000, accounts payable of $210,000; inventory of $250,000; accounts receivable of $310,000; notes payable of $222,000; and accrued wages and taxes of $52,000. How much net working capital does the firm need to fund?

Reference no: EM13281891

Questions Cloud

What is the reimbursement for a typical hospital stay : You are billing a patient that was assigned DRG 123 with a weight of .9734 and an adjusted base rate of $4,259. What is the reimbursement for a typical hospital stay for DRG 123?
Career strategies among entrepreneurs : How does the entrepreneurial career differ from an organizational one? How do these differences influence the setting or career strategies among entrepreneurs?
How much will byters on call profit increase : How much will Byters on Call's profit increase if 160 more service calls are made?
Find the resistance in each case of designing : A young designer, aiming to develop intuition concerning conducting paths within an integrated circuit, examines the end-to-endresistance of a connecting bar 10μm long, 3μm wide, and1μm thick, made of various materials.
How much net working capital does the firm need to fund : Elle Mae Industries has a cash balance of $62,000, accounts payable of $210,000; inventory of $250,000; accounts receivable of $310,000; notes payable of $222,000; and accrued wages and taxes of $52,000. How much net working capital does the firm ..
Identify the organization specific financial strengths : Introduce the healthcare organization you have selected for your topic, explain its mission, describe whether it is a for -profit or a not-for -profit organization, and indicate the community it serves.
Design a circuit that has a low pass transfer function : Design a circuit that has a low pass transfer function with a3dB band edge at 30Hz. you may use capacitors, inductors, and bothdependant and indepandant sources.
Calculate the sr membrane potential : Difference in pH where the cytoplasmic pH is lower than that of the SR and the electrical potential across the membrane is more positive on the cytoplasmic side.
What is the yield on 90-day risk-free securities : Assume that interest rate parity holds. In both the spot market and the 90-day forward market, 1 Japanese yen = 0.0086 dollar. And 90-day risk-free securities yield 4.6% in Japan. What is the yield on 90-day risk-free securities in the United Stat..

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the relevant cost of new preferred stock

What is the relevant cost of new preferred stock? A. 10.00% B. 7.37% C. 10.53% D. 15.00% E. 7.00%

  Should you accept or reject the project

A project has the following cash flows. Knowing that the required rate of return is 15%, should you accept or reject the project?

  Stock valuation beneath equilibrium situation

Stock valuation beneath equilibrium situation and Assuming the stock market is efficient and the stocks are in equilibrium

  What type of strategy is the investor using

If an investor bought 2 XYZ Feb 60 call at 2 and Sells 2 XYZ Feb 70 calls at 1. What's the gain or loss on the contracts at a market of 75? What type of strategy is the investor using?

  Find percent of the population registered to vote

If during an election there were 6372 listed voters & 3560 listed voters voted, what percentage of the listed voters actually cast a vote.

  Should the fritz corporation invest in this new project

According to our statistical estimates, Fritz's believes that the rate of return on the project will be 13 percent. Should the Fritz Corporation invest in this new project?

  Made a gain or loss due to the exchange rate change

Has Wruck Enterprises made a gain or loss due to the exchange rate change, and how much? Note that your shareholders live in the US.

  How much will you have to give the customer in 3 years

At the end of 3 years you need to return the deposit and the interest to the customer. How much will you have to give the customer in 3 years?

  Evaluating dividend policy on wealth maximization

Can you please tell me what is Evaluating Dividend Policy on Wealth Maximization in businesses?

  Calculate the value of brooks operations

What is the terminal, or horizon, value of operations? (Hint: Find the value of all free cash blows Year 2 discounted back to Year 2.)

  Determine total dollar return on investment

Robin sold 800 shares of a non-dividend paying stock this morning for a total of $29,440. She had buy these shares on margin twelve months ago at cost per share of $35.

  What is aei times-interest-earned

AEI Incorporated has $4 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 13%, and its return on assets (ROA) is 4%. What is AEI's times-interest-earned (TIE) ratio? Round your answer to two decimal places.

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