A junior analyst at Camberwell Corp. has jumbled the items on its balance sheet. Bank debt $ 10.8 million Other current liabilities 13.9 Plant and equipment 36.5 Long-term debt 13.8 Accounts receivable 10.4 Marketable investments 8.1 Inventories 9.6 Goodwill 5.5 Other current assets 14.7 Accounts payable 10.1 Cash 5.4 Can you help him calculate the value of (a) Camberwell’s current assets, (b) its current liabilities, and (c) its net working capital? (Enter your answers in million. Do not round intermediate calculations. Round your final answers to 1 decimal place.)
A junior analyst at Camberwell Corp. has jumbled the items on its balance sheet. Bank debt $ 10.8 million Other current liabilities 13.9 Plant and equipment 36.5 Long-term debt 13.8 Accounts receivable 10.4 Marketable investments 8.1 Inventories 9.6 Goodwill 5.5 Other current assets 14.7 Accounts payable 10.1 Cash 5.4 Can you help him calculate the value of (a) Camberwell’s current assets, (b) its current liabilities, and (c) its net working capital? (Enter your answers in million. Do not round intermediate calculations. Round your final answers to 1 decimal place.)
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 junior analyst at Camberwell Corp. has jumbled the items on its
| Bank debt | $ | 10.8 | million | |
| Other current liabilities | 13.9 | |||
| Plant and equipment | 36.5 | |||
| Long-term debt | 13.8 | |||
| Accounts receivable | 10.4 | |||
| Marketable investments | 8.1 | |||
| Inventories | 9.6 | |||
| 5.5 | ||||
| Other current assets | 14.7 | |||
| Accounts payable | 10.1 | |||
| Cash | 5.4 | |||
Can you help him calculate the value of (a) Camberwell’s current assets, (b) its current liabilities, and (c) its net working capital? (Enter your answers in million. Do not round intermediate calculations. Round your final answers to 1 decimal place.)
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