Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Accounts payable. . . . . . . . . . . . . . . . . . . 36 Accounts receivable. . . . . . . . . . . . . . . . . . 25 Notes payable/short term debt. . . . . . . . . . 5 Inventories. . . . . . . . . . . . . . . . . . . . . . . . . 15 Total current liabilities. . . . . . . . . . . . . . . . 41 Total current assets. . . . . . . . . . . . . . . . . . . 93 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment. . . . . . . . 117 Long-term debt. . . . . . . . . . . . . . . . . . . . . 138 Total long-term assets. . . . . . . . . . . . . . . . . 117 Total long-term liabilities. . . . . . . . . . . . . . 138 Total liabilities. . . . . . . . . . . . . . . . . . . . 179 Stockholders' Equity. . . . . . . . . . . . . . 31 Total assets. . . . . . . . . . . . . . . . . . . . . . . . 210 Total liabilities and stockholders' Equity 210 The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital?
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 Accounts payable. . . . . . . . . . . . . . . . . . . 36 Accounts receivable. . . . . . . . . . . . . . . . . . 25 Notes payable/short term debt. . . . . . . . . . 5 Inventories. . . . . . . . . . . . . . . . . . . . . . . . . 15 Total current liabilities. . . . . . . . . . . . . . . . 41 Total current assets. . . . . . . . . . . . . . . . . . . 93 Long-Term Assets Long-Term Liabilities Net property, plant, and equipment. . . . . . . . 117 Long-term debt. . . . . . . . . . . . . . . . . . . . . 138 Total long-term assets. . . . . . . . . . . . . . . . . 117 Total long-term liabilities. . . . . . . . . . . . . . 138 Total liabilities. . . . . . . . . . . . . . . . . . . . 179 Stockholders' Equity. . . . . . . . . . . . . . 31 Total assets. . . . . . . . . . . . . . . . . . . . . . . . 210 Total liabilities and stockholders' Equity 210 The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital?
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
Related questions
Question
|
|
||||
|
Assets
|
Liabilities
|
|||
|
Current Assets
|
Current Liabilities
|
|
||
|
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
|
53
|
Accounts payable. . . . . . . . . . . . . . . . . . .
|
36
|
|
|
Accounts receivable. . . . . . . . . . . . . . . . . .
|
25
|
Notes payable/short term debt. . . . . . . . . .
|
5
|
|
|
Inventories. . . . . . . . . . . . . . . . . . . . . . . . .
|
15
|
Total current liabilities. . . . . . . . . . . . . . . .
|
41
|
|
|
Total current assets. . . . . . . . . . . . . . . . . . .
|
93
|
|
|
|
|
|
||||
|
Long-Term Assets
|
Long-Term Liabilities
|
|
||
|
Net property, plant, and equipment. . . . . . . .
|
117
|
Long-term debt. . . . . . . . . . . . . . . . . . . . .
|
138
|
|
|
Total long-term assets. . . . . . . . . . . . . . . . .
|
117
|
Total long-term liabilities. . . . . . . . . . . . . .
|
138
|
|
|
|
||||
|
|
|
Total liabilities. . . . . . . . . . . . . . . . . . . .
|
179
|
|
|
Stockholders' Equity. . . . . . . . . . . . . .
|
31
|
|||
|
Total assets. . . . . . . . . . . . . . . . . . . . . . . .
|
210
|
Total liabilities and stockholders' Equity
|
210
|
|
|
|
|
|
|
The above diagram shows a balance sheet for a certain company. All quantities shown are in millions of dollars. What is the company's net working capital?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education