What is the amount of working capital

Reference no: EM131507708

Question: Assume a business enterprise reports its total current assets as $42,600 and its total current liabilities as $18,640. Answer the following:

a. What is the amount of working capital?

b. What is the current ratio (also called the working capital ratio)?

c. Will the working capital or its ratio change if a transaction collects $1,892 in cash from its credit card receivables?

Reference no: EM131507708

Questions Cloud

Expansionary and contractionary fiscal policies : Explain how U.S. fiscal policies affect the economy and explain the differences between expansionary and contractionary fiscal policies.

Compare natural versus anthropogenic climate changes : Compare and contrast natural versus anthropogenic climate changes. Take a position as to whether or not global warming is taking place

Determine the amount of cash from operations : Assume working capital was $87,500 for a given year. During this year, accounts receivable increased by $4,600, inventory decreased by $7,754.

Output without changing interest rates : Assume that the policymakers in a closed economy bwant to increase output without changing interest rates.

What is the amount of working capital : Assume a business enterprise reports its total current assets as $42,600 and its total current liabilities as $18,640.

Write a working thesis : he topic should be something that you can make a claim about and something that can be researched. write a working thesis.

Difference between renewable and non-renewable energy : What is the difference between renewable and non-renewable energy? Give two examples of each

Calculate the change in current assets : A review of a balance sheet indicated the beginning and ending totals of current assets and current liabilities for a one-year operating period.

What is a company takeover : What is a company takeover? What interests does the Corporations Act seek to protect?

User Account

All Pages