Charles has the details of following information: Accounts receivables P85,000, Accountspayable P50,000, Accrued liabilities P9,000, Cash P40,000, Intangible assets P45,000, InventoryP83,000, Long term liabilities P78,000, Marketable securities P39,000, Shorter term notespayable P35,000, prepaid expenses P4,000, Plant and equipment 710,000. Find amount ofworking capital?

Working Capital : It is the capital which is required to meet out day to day business operations.…

Answered: yable P50,000, Accrued liabilities…

yable P50,000, Accrued liabilities P9,000, Cash P40,000, Intangible assets P45,000, Inventory 3,000, Long term liabilities P78,000, Marketable securities P39,000, Shorter term notes

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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Concept explainers

Debenture Valuation

A debenture is a private and long-term debt instrument issued by financial, non-financial institutions, governments, or corporations. A debenture is classified as a type of bond, where the instrument carries a fixed rate of interest, commonly known as the ‘coupon rate.’ Debentures are documented in an indenture, clearly specifying the type of debenture, the rate and method of interest computation, and maturity date.

Note Valuation

It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like:

Question

Charles has the details of following information: Accounts receivables P85,000, Accounts
payable P50,000, Accrued liabilities P9,000, Cash P40,000, Intangible assets P45,000, Inventory
P83,000, Long term liabilities P78,000, Marketable securities P39,000, Shorter term notes
payable P35,000, prepaid expenses P4,000, Plant and equipment 710,000. Find amount of
working capital?

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