The Nuh Systems has the following balance sheet. How much net working capital does the firm have? Cash$ 100 Accounts payable$ 200Accounts receivable 650 Accruals75Inventory550 Notes payable625 Current assets $ 1,300 Current liabilities$ 900Net fixed assets$ 1,000 Long-term debt600 Common equity300 Retained earnings500Total assets$ 2,300 Total liab. & equity$ 2,300 1.$1,138 2.$1,025 3.$1,179 4.$1,169 5.$400

The net working capital is the excess of current assets over current liabilities. The same is…

Answered: The Nuh Systems has the following…

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 19P

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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

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