4. Paula owns and operates an apparel store. Examine her current assets and liabilities below and compute her net working capitai. Accounts Payable Accrued Expense Php 7,500 2,500 Cash Php 10,000 Accounts Receivable 5,000 Inventory 15,000 Other Trade Debt 5,000
4. Paula owns and operates an apparel store. Examine her current assets and liabilities below and compute her net working capitai. Accounts Payable Accrued Expense Php 7,500 2,500 Cash Php 10,000 Accounts Receivable 5,000 Inventory 15,000 Other Trade Debt 5,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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#4-#5

Transcribed Image Text:5. The days' sales in inventory is 73. The cost of goods sold is 720,000. The net
sales are Php 1,020,000, The beginning inventory was 82,000. What is the
ending inventory?
Page 18 of 21

Transcribed Image Text:4. Paula owns and operates an apparel store. Examine her current assets and
liabilities below and compute her net working capital.
Accounts Payable
Accrued Expense
Php 7,500
2,500
Cash
Php 10,000
Accounts Receivable 5,000
Inventory
15,000
Other Trade Debt
5,000
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