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

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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: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
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
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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