mbled the items on its balance sheet. Bank debt $ 9.6 million 12.7 Other current liabilities Plant and equipment 35.3 Long-term debt Accounts receivable 12.6 9.2 Marketable investments 6.9 Inventories 8.4 Goodwill 4.3 Other current assets 13.5 Accounts payable 8.9 Cash 4.2 Can you help him calculate the value of (a) Camberwell's current assets, (b) its current liabilities, and (c) its ne million. Do not round intermediate calculations. Round your final answers to 1 decimal place.) a. Total current assets 42.2 million b. Total current liabilities 31.2 million c. Net working capital 11.0 million %24 %24 %24
mbled the items on its balance sheet. Bank debt $ 9.6 million 12.7 Other current liabilities Plant and equipment 35.3 Long-term debt Accounts receivable 12.6 9.2 Marketable investments 6.9 Inventories 8.4 Goodwill 4.3 Other current assets 13.5 Accounts payable 8.9 Cash 4.2 Can you help him calculate the value of (a) Camberwell's current assets, (b) its current liabilities, and (c) its ne million. Do not round intermediate calculations. Round your final answers to 1 decimal place.) a. Total current assets 42.2 million b. Total current liabilities 31.2 million c. Net working capital 11.0 million %24 %24 %24
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
1
Transcribed Image Text:A junior analyst at Camberwell Corp. has jumbled the items on its balance sheet.
Bank debt
$ 9.6 million
Other current liabilities
12.7
Plant and equipment
35.3
Long-term debt
Accounts receivable
12.6
9.2
Markętable investments
6.9
Inventories
8.4
Goodwill
Other current assets
4.3
13.5
Accounts payable
8.9
Cash
4.2
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. Total current assets
2$
42.2 million
b. Total current liabilities
$
31.2 million
c. Net working capital
2$
11.0 million
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