Net working capital does the company need to fund

Assignment Help Financial Management
Reference no: EM131537703

Happy Clowns, Inc., has a cash balance of $445,000, accounts payable of $234,000, inventory of $144,000, accounts receivable of $411,000, notes payable of $124,000, and accrued wages and taxes of $88,000. How much net working capital does the company need to fund?

A. $614,000

B. $446,000

C. $387,000

D. $554,000

Verified Expert

This small project is on the working capital management where we are required to complete the expected capital required to operate the business..

Reference no: EM131537703

Questions Cloud

Do some research and define collaborative manufacturing : Do some research and define Collaborative manufacturing. Make sure you have at least one external source cited in APA 6th edition for this answer.
How each component is relevant to business analytics : Find and describe at least three technological components that are required for data-driven decision making
Analyze the code and decide if the company is upholding : Analyze the code and decide if the company is upholding those beliefs. If you must construct the code yourself, determine its effect on society.
Determine the value of c such : Let Z be a standard normal random variable. Use the calculator provided to determine the value of c such that
Net working capital does the company need to fund : How much net working capital does the company need to fund?
Define the national fire problem : Describe the history of fire prevention practices. Describe the philosophy and timing behind regulations for fire prevention, whether successful or not
Describe two team building exercises companies might use : Find and describe two team building exercises companies might use. Report on your experiences being part of a team or leading a team.
Prepare a reconciliation of the balance : The Cash Book of J. Carlisle as at 30th June, 1961, showed a balance at the bank of £509. 16. 8. On checking the Bank Statements.
Calculation of betterpies wacc : What would be the weights used in the calculation of BetterPie’s WACC?

Reviews

Write a Review

Financial Management Questions & Answers

  Risk and return-determine whether stock prices are affected

Risk and Return" Please respond to the following: From the e-Activity, determine whether stock prices are affected more by long-term or short-term performance. Provide one (1) example of the effect that supports your claim.

  What is the profitability index and What is the NPV

What is the profitability index? What is the NPV?

  Iscount rate to assess the present value of cash flow steam

Assess a 100 year bond by considering a $100,000,000 30 year issue with a 5% rate. The present value of this cash flow stream is $100,000,000, using a 5% discount rate. Suppose you use 5% as the discount rate to assess the present value of the cash f..

  The opportunity to make an investment

Calculating EAR. First National Bank charges 12.4 percent compounded monthly on its business loans. First United Bank charges 12.7 percent compounded semiannually. As a potential borrower, which bank would you go to for a new loan?

  Provide financial planning advice to the clients

Provide financial planning advice in the case study.

  The dividends are anticipated to maintain a growth rate

The next dividend payment by Halestorm, Inc., will be $1.72 per share. The dividends are anticipated to maintain a growth rate of 4 percent forever. If the stock currently sells for $33 per share, what is the required return? (Do not round intermedia..

  What is the dividend yield and the capital gains yield

Assume, the stock is sold for $10.50. The dividend just paid is $1 and expected to grow at the rate of 5% annually. What is the required return? What is the dividend yield? What is the capital gains yield?

  What is your profit at the current exchange rate

Suppose your company imports computer motherboards from Singapore. The exchange rate is currently 1.2875 S$/US$. You have just placed an order for 27,000 motherboards at a cost to you of 237.50 Singapore dollars each. You will pay for the shipment wh..

  What is an agency relationship

Suppose you decide as did Steve Job and Mark Zuckerberg to start a company. Your product is a software platform that integrates a wide range of media devices, including laptop computers, desktop computers, digital video recorders and cell phones. wha..

  How much will you have accumulated at the end of year

You invest $1,000 a year for ten years at 8 percent and then invest $2,000 a year for an additional ten years at 8 percent. How much will you have accumulated at the end of the 20 years?

  What will be his after-tax yield to maturity

An investor purchases a 30-year U.S. government bond for $840. The bonds coupon rate is 10 percent and, it still had twelve years remaining until maturity. If the investor holds the bond until it matures and collects the $1000 par value from the Trea..

  Using accrual accounting and the preceding values

Accrual income versus cash flow for a period Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within 30 days but can be returned for a full refund credit..

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