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Home Q & A Board Other Fields Homework Help Business Management
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stranahan stranahan
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7 years ago
Consider the information below from a firm's balance sheet for 2007 and 2008.

Current Assets   2008   2007   Change
Cash and Equivalents   $1,561    $1,800   -$   239
Short-Term Investments   $1,052    $3,010   -$1,958
Accounts Receivable   $3,616    $3,129     $   487
Inventories   $1,816    $1,543     $   273
Other Current Assets   $   707    $   601     $   106
Total Current Assets    $8,752    $10,083    -$1,331
Current Liabilities
Accounts Payable    $5,173    $5,111     $     62
Short-Term Debt   $   288    $   277      $     11
Other Current Liabilities   $1,401    $1,098      $   303
Total Current Liabilities   $6,862    $6,486      $   376

What is the Net Working Capital for 2008? What is it for 2007? What is the Change in Net Working Capital (NWC)? Assuming the Operating Cash Flows (OCF) are $7,155 and the Net Capital Spending (NCS) is $2,372, what is the Cash Flow from Assets?
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Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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BleedingDrBleedingDr
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7 years ago
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stranahan Author
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7 years ago
Thank you very much for this. It's really helpful.
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