What was the companys net operating working capital

Assignment Help Finance Basics

Reference no: EM13256312

Gary Incorporated's balance sheet showed total current assets of $4,250, all which were required in operations. Its current liabilities consisted of $975 of accounts payable, $600 of 6% short term notes payable to the bank and $250 of accrued wages and taxes. What was the company's net operating working capital?

Reference no: EM13256312

Questions Cloud

Compare long-term instruments and short-term risks : Compare long-term instruments and short-term risks, in terms of the various types of risk to which investors are exposed. Explain your answers.

Tremendous interest in complementary-alternative medicine : What political, economic and social factors do you think have led to the tremendous interest in complementary and alternative medicine that you see in our culture today?

Describe ways alleviate a potential shortage for retirement : Briefly discuss why retirement planning is "nothing more than cash flow planning."Briefly discuss the ramifications for an individual with insufficient funds at retirement time. Describe ways to alleviate a potential shortage for retirement.

Find the peak electric field strength : The helium-neon lasers most commonly used in student physics laboratories have average power outputs of 0.250 mW, Find the peak electric field strength

What was the companys net operating working capital : Its current liabilities consisted of $975 of accounts payable, $600 of 6% short term notes payable to the bank and $250 of accrued wages and taxes. What was the company's net operating working capital?

Describes a phased-retirement program : Which of the following correctly describes a phased-retirement program? The long-term success of diversity training is characterized by

Determine range of values for t that allow complete recovery : Let y(t) he the signal at the output of the LTI system when x(t) is the input signal. The following signals are sampled using a train of impulses with periodicity T, signal x(t) is sampled to obtain xc(t), and signal y(t) is sampled to obtain yc(t..

How much should you pay for the bond : Assume that you have the opportunity to buy a 30 year, zero coupon, $60,000 bond. You determine that the yield on a comparable bond (comparable in terms of risk, liquidity, etc.) is 4.0%. How much should you pay (maximum) for the bond? Assume an e..

What is the distance above the victims arm : A blood transfusion is being set up in an emergency room for an accident victim. What is the distance h above the victim's arm where the level of the blood in the transfusion bottle should be located

User Account

All Pages