The Nuh Systems has the following balance sheet. How much net working capital does the firm have?   Cash $  100   Accounts payable $   200 Accounts receivable     650   Accruals 75 Inventory 550      Notes payable 625    Current assets   $ 1,300      Current liabilities $  900 Net fixed assets $ 1,000   Long-term debt 600       Common equity 300       Retained earnings 500 Total assets $ 2,300   Total liab. & equity $ 2,300             1. $1,138   2. $1,025   3. $1,179   4. $1,169   5. $400

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
icon
Related questions
Question

The Nuh Systems has the following balance sheet. How much net working capital does the firm have?

 
Cash
$  100
  Accounts payable
$   200
Accounts receivable
    650
  Accruals
75
Inventory
550
     Notes payable
625
   Current assets
  $ 1,300
     Current liabilities
$  900
Net fixed assets
$ 1,000
  Long-term debt
600
      Common equity
300
      Retained earnings
500
Total assets
$ 2,300
  Total liab. & equity
$ 2,300
         
  1.

$1,138

  2.

$1,025

  3.

$1,179

  4.

$1,169

  5.

$400

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Income Statement Analysis
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.
Similar questions
Recommended textbooks for you
Essentials Of Investments
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
FUNDAMENTALS OF CORPORATE FINANCE
FUNDAMENTALS OF CORPORATE FINANCE
Finance
ISBN:
9781260013962
Author:
BREALEY
Publisher:
RENT MCG
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
Foundations Of Finance
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
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…
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