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A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary) Cash $  20   Accounts payable $  60 Short-term investments 30   Accruals 50 Accounts receivable 50   Notes payable     10 Inventory     80      Current liabilities xxx    Current assets xxx             Long-term debt 70 Net fixed assets   100   Common equity 30       Retained earnings     xx Total assets $xxx   Total liab. & equity $xx

A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary) Cash $  20   Accounts payable $  60 Short-term investments 30   Accruals 50 Accounts receivable 50   Notes payable     10 Inventory     80      Current liabilities xxx    Current assets xxx             Long-term debt 70 Net fixed assets   100   Common equity 30       Retained earnings     xx Total assets $xxx   Total liab. & equity $xx

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary)

Cash
$  20
 
Accounts payable
$  60
Short-term investments
30
 
Accruals
50
Accounts receivable
50
 
Notes payable
    10
Inventory
    80
 
   Current liabilities
xxx
   Current assets
xxx
 
 
 
 
 
 
Long-term debt
70
Net fixed assets
  100
 
Common equity
30
 
 
 
Retained earnings
    xx
Total assets
$xxx
 
Total liab. & equity
$xx
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