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The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 96 207 208 109 2 96 106 499 93 *** 3 96 93 905 107 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. Calculate the net working capital below: (Round to the nearest integer.) 96 594 49 97

The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 96 207 208 109 2 96 106 499 93 *** 3 96 93 905 107 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. Calculate the net working capital below: (Round to the nearest integer.) 96 594 49 97

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 96 207 208 109 ($000) Naturing naital Calculate the net working capital below: (Round to the nearest integer.) Q1 2 402 96 106 499 93 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. C 3 Q2 96 93 905 107 ROA 4 Q3 96 594 49 97 087 0 Q4 642 Nex
Transcribed Image Text:The following table includes quarterly working capital levels for your firm for the next year. (Click on the following icon to export the data displayed below.) Quarters ($000) Cash Accounts Receivable Inventory Accounts Payable 96 207 208 109 ($000) Naturing naital Calculate the net working capital below: (Round to the nearest integer.) Q1 2 402 96 106 499 93 If you chose to use only long-term financing, what total amount of borrowing would you need to have on a permanent basis? Forecast your excess cash levels under this scenario. C 3 Q2 96 93 905 107 ROA 4 Q3 96 594 49 97 087 0 Q4 642 Nex
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