What is the firm net working capital and debt ratio

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Reference no: EM131008873

ASSIGNMENT 1- Evaluating Quality Standards

Use the ITT Tech Virtual Library to research how an organization can benefit from either the ISO 9000 or the ISO 14000 certification. Compare and contrast the differences between each certification and provide an example where one certification would be more beneficial to an organization than the other.

ASSIGNMENT 2 - The Malcolm Baldrige Award's Prestige

Research the ITT Tech Virtual Library LexisNexis Academic database to discover the criteria for winning the Malcolm Baldrige National Quality Award. Suggest how an organization can create a more effective customer focus, and provide recommendations on how organizations can try to achieve this award. Give an example of how following the award's criteria has positively impacted a company.

Question - Prepare a balance sheet and income statement for the Warner Company from the following scrambled list of items.

Depreciation expense

$66,000

Cash

225,000

Long-term debt

334,000

Sales

573,000

Accounts payable

102,000

General and administrative expense

79,000

Buildings and equipment

895,000

Notes payable

75,000

Accounts receivable

153,000

Interest expense

4,750

Accrued expenses

7,900

Common stock

289,000

Cost of goods sold

297,000

Inventory

99,300

Taxes

50,500

Accumulated depreciation

263,000

Prepaid expenses

14,500

Taxes payable

53,000

Retained earnings

262,900

a. What is the firm's net working capital and debt ratio?

b. Complete a common-sized income statement and a common-sized balance sheet. Interpret your findings.

Source: Keown, A. J., Martin, J. D., & Petty, J. W. (2011). Foundations of finance: The logic and practice of financial management (7th ed.). Boston, MA: Pearson Education.

Reference no: EM131008873

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