How much is the temporary current assets needed during the fourth quarter?NEKO Inc. has a total fixed assets of 555,000 Q1Q2Q3Q4CashP8,000 11,200 12,000 12,000Accounts Receivable6,0006,8008,0009,000Inventories4,6004,0005,0005,300

Cash in 4th Q = 12,000 Account Receivables in 4th Q = 9,000 Inventories in 4th Q = 5,300

Answered: How much is the temporary current…

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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Ff.123.
please solve all parts within 30 minutes.

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How much is the temporary current assets needed during the fourth quarter? NEKO Inc. has a total fixed assets of 555,00