Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Working Capital and Net Working Capital (https://www.askmehelpdesk.com/showthread.php?t=450870)

  • Feb 23, 2010, 05:23 PM
    Zako51
    Working Capital and Net Working Capital
    I have been working on this question for a few days now and cannot figure it out for the life of me.

    Working capital: Laurel Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,121,599, accounts receivables of $3,488,121, short-term notes payable worth $1,151,663, and other current assets of $121,455. Suppose marking-to-market reveals that the market value of the firm’s inventory is 77 percent below its book value and its receivables are 76 percent below its book value. The market value of its current liabilities is identical to the book value.

    What is the firm's net working capital using market values?


    What is the percent difference in net working capital?
  • Feb 24, 2010, 03:14 AM
    morgaine300

    Please see the guidelines for posting homework:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

  • All times are GMT -7. The time now is 05:34 AM.