Net working capital does the firm need to fund

Assignment Help Financial Management

Reference no: EM131346901

Elle Mae Industries has a cash balance of $55,000, accounts payable of $175,000; inventory of $215,000; accounts receivable of $275,000; notes payable of $215,000; and accrued wages and taxes of $45,000. How much net working capital does the firm need to fund? $155,000 $110,000 $110,000 $55,000

Reference no: EM131346901

Questions Cloud

What is the length of days sales in inventory : Sow Tire, Inc., has sales of $1,442,000 and cost of goods sold of $1,242,000. The firm had a beginning inventory of $96,200 and an ending inventory of $78,000. What is the length of the days’ sales in inventory?

How much net working capital does firm need to fund : JohnBoy Industries has a cash balance of $49,000, accounts payable of $129,000, inventory of $179,000, accounts receivable of $214,000, notes payable of $124,000, and accrued wages and taxes of $39,000. How much net working capital does the firm need..

How and why did this communication failure occur : Conduct research on your own and select a real-world organization failure where communication among its employees was the key demise. Based on your research how and why did this communication failure occur? Was there a specific trigger point tha..

What is the likely effect of such a law : The local authorities announced that they would investigate and that they would enforce a law prohibiting price increases of more than 10% during an emergency period. What is the likely effect of such a law?

Net working capital does the firm need to fund : Elle Mae Industries has a cash balance of $55,000, accounts payable of $175,000; inventory of $215,000; accounts receivable of $275,000; notes payable of $215,000; and accrued wages and taxes of $45,000. How much net working capital does the firm nee..

Investor presentation support : You are put in charge of a presentation to provide a potential investor (me) with information on your company. Help me to understand the important information behind this company and provide me with the information on my decision making on whether or..

Describe the challenges you have with reading written works : Describe the challenges you have with reading certain types of written works. Explain the primary goals you have when reading textbooks and other academics papers.

How the u.s. quota reimposed in may 2005 affected : Illustrate what happened, and show how the U.S. quota reimposed in May 2005 affected the equilibrium price and quantity in the United States.

Review the case of dennis lynn rader : Review the case of Dennis Lynn Rader, The "BTK" Stranger,and write a 300-500 word essay discussing the case study. Your essay should have an introduction summarizing the criminal and case, a body that discusses the issues surrounding the case (how..

User Account

All Pages