What was its net operating working capital

Assignment Help Finance Basics
Reference no: EM131992512

Beranek Company's balance sheet showed operating current assets of $25,000. Its total current liabilities consisted of $8,500 of accounts payable, $4,500 of 5% short-term notes payable to the bank, and $7,000 of accrued wages and taxes. What was its net operating working capital?

Reference no: EM131992512

Questions Cloud

Seventeenth and eighteenth centuries : How did this affect the political situation in the Chesapeake in the seventeenth and eighteenth centuries?
Contribute to the entrenchment of slave : The mechanization of the cotton gin,steamboat, and trail of tears contribute to the entrenchment of slave-cultivated, cotton based plantation agriculture
North america and the arrival of english settlers : What motivated the establishment of British colonies in North America and the arrival of English settlers?
What is the maximum debt ratio-ferri enterprises : What is the maximum debt ratio (measured as Total debt/Total capital) the firm can use?
What was its net operating working capital : Beranek Company's balance sheet showed operating current assets of $25,000. Its total current liabilities consisted of $8,500 of accounts
What is the firm net income : In order to sustain its operations and thus generate sales and cash flows in the future, the firm was required to make $100,000 of capital expenditures
What is the roe after these changes are made : Nachman Inc. has the following balance sheet: Cash $18,750
How much value did management add to stockholders : What was the firm's Economic Value Added (EVA), i.e., how much value did management add to stockholders' wealth during the year?
Access to target sources of external fiannce : Assessing a Company's Future Financial Health," what would you look for, for the following: Future external financing needs and access to target sources.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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