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Powder Keg Systems has the following year-end balance sheet.  How much Net Operating Working Capital does the firm have at the end of the year (assume that ALL of the company’s cash balance is considered to be “excess cash”)? Cash 200 Accounts Payable 300 Accounts Receivable 650 Accruals 350 Inventory 650 Notes Payable 350     Current Assets 1,500     Current Liabilities 1,000 Net Fixed Assets 2,000 Long-term Debt 600     Common Equity 300     Retained Earnings 1,600 Total Assets 3,500 Total Liab. & Equity 3,500 Group of answer choices 1,050 650 500 50 850

Powder Keg Systems has the following year-end balance sheet.  How much Net Operating Working Capital does the firm have at the end of the year (assume that ALL of the company’s cash balance is considered to be “excess cash”)? Cash 200 Accounts Payable 300 Accounts Receivable 650 Accruals 350 Inventory 650 Notes Payable 350     Current Assets 1,500     Current Liabilities 1,000 Net Fixed Assets 2,000 Long-term Debt 600     Common Equity 300     Retained Earnings 1,600 Total Assets 3,500 Total Liab. & Equity 3,500 Group of answer choices 1,050 650 500 50 850

Essentials Of Investments
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
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Powder Keg Systems has the following year-end balance sheet.  How much Net Operating Working Capital does the firm have at the end of the year (assume that ALL of the company’s cash balance is considered to be “excess cash”)?

Cash

 200 Accounts Payable 300
Accounts Receivable 650 Accruals 350
Inventory 650 Notes Payable 350
    Current Assets 1,500     Current Liabilities 1,000
Net Fixed Assets 2,000 Long-term Debt 600
    Common Equity 300
    Retained Earnings 1,600
Total Assets 3,500 Total Liab. & Equity 3,500
Group of answer choices
1,050
650
500
50
850
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