What was the change in net working capital during the year

Assignment Help Financial Management

Reference no: EM131336134

Canyon Tours showed the following components of working capital last year:

Beginning End of Year

Accounts receivable $26,800 $24,400

Inventory 13,400 15,300

Accounts payable 15,900 19,300

a. What was the change in net working capital during the year? (A negative amount should be indicated by a minus sign.)

Change in net working capital $_________

b. If sales were $37,400 and costs were $25,400, what was cash flow for the year? Ignore taxes.

Cash flow $ __________

Reference no: EM131336134

Questions Cloud

Bonds on the market making annual payments : Kaiser Industries has bonds on the market making annual payments, with 12 years to maturity, and selling for $1,182.01. At this price, the bonds yield 8 percent. What is the coupon rate?

What is the average cost per burger when the firm produces : In a slow year, Deutsche Burgers will produce 2.8 million hamburgers at a total cost of $3.4 million. In a good year, it can produce 4.8 million hamburgers at a total cost of $4.6 million. What are the fixed costs of hamburger production? What is the..

Self improvement book that has the cost characteristics : Tim Taylor has written a self improvement book that has the following cost characteristics: Selling Price $16.00 per book Variable cost per unit: Production $4.00 Selling & administrative 2.00 Fixed costs: Production $98,000 per year Selling & admini..

Completed an airline data assignment : In Module 1, you completed an Airline Data Assignment. For this activity, collect the same data for a different U.S. carrier, clean the data, and calculate the following items:

What was the change in net working capital during the year : What was the change in net working capital during the year? If sales were $37,400 and costs were $25,400, what was cash flow for the year? Ignore taxes.

Company capital structure weights on book value basis : Filer Manufacturing has 8 million shares of common stock outstanding. The current share price is $87, and the book value per share is $6. Filer Manufacturing also has two bond issues outstanding. What are the company’s capital structure weights on a ..

Delay payment given the terms of your current suppliers : You are currently re-evaluating your payables policy. Your current suppliers offer terms of 1.5/10, net 40 with a late payment fee of 1.5% per month. A supplier wanting your business is willing to offer terms of 2.5/5, net 60 with no stated late paym..

Considering selling excess machinery with a book value : Eclipse Construction Company is considering selling excess machinery with a book value of $280,000 (original cost of $400,000 less accumulated depreciation of $120,000) for $221,000, less a 5% brokerage commission. Prepare a differential analysis, da..

Company capital structure consists of debt : Hook Industries' capital structure consists solely of debt and common equity. It can issue debt at rd = 12%, and its common stock currently pays a $3.75 dividend per share (D0 = $3.75). What percentage of the company's capital structure consists of d..

User Account

All Pages