According to AEB Systems plc financial statements as of June 2016, the firm had current assets,of £6.642 billion, non-current assets of £16.521 billion, current liabilities of £11.283 billion, and non-current abilities of £6.589 billion. Required: (a) What is the value of the shareholders' equity for AEB Systems? (Do not include the pound sign (£). Enter your answer in billions, rounded to 3 decimal places (e.g., 32.167).) Owners' equity £5.291 O (b) How much is net working capital? (Do not include the pound sign (£). Negative amounts should be indicated by a minus sign. Enter your answer in billions, rounded to 3 decimal places (e.g., 32.167).) Net working capital £5.291 O
According to AEB Systems plc financial statements as of June 2016, the firm had current assets,of £6.642 billion, non-current assets of £16.521 billion, current liabilities of £11.283 billion, and non-current abilities of £6.589 billion. Required: (a) What is the value of the shareholders' equity for AEB Systems? (Do not include the pound sign (£). Enter your answer in billions, rounded to 3 decimal places (e.g., 32.167).) Owners' equity £5.291 O (b) How much is net working capital? (Do not include the pound sign (£). Negative amounts should be indicated by a minus sign. Enter your answer in billions, rounded to 3 decimal places (e.g., 32.167).) Net working capital £5.291 O
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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Question
How much is net working capital?
Transcribed Image Text:Award: 5 out of 10.00 points
According to AEB Systems plc financial statements as of June 2016, the firm had current assets of £6.642
billion, non-current assets of £16.521 billion, current liabilities of £11.283 billion, and non-current abilities of
£6.589 billion.
Required:
(a) What is the value of the shareholders' equity for AEB Systems? (Do not include the pound sign (£).
Enter your answer in billions, rounded to 3 decimal places (e.g., 32.167).)
Owners' equity
£5.291 O
(b) How much is net working capital? (Do not include the pound sign (£). Negative amounts should be
indicated by a minus sign. Enter your answer in billions, rounded to 3 decimal places (e.g.,
32.167).)
Net working capital
£5.291 O
References
Learning Objective: LO1 The three main
financial statements that are produced by
corporations: the statement of financial
position, the income statement, and the
statement of cash flows
Calculation
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