Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Finance
New Topic  
nyounger nyounger
wrote...
Go to Answer
Posts: 505
Rep: 18 0
4 years ago
Use the table for the question(s) below.

Balance Sheet
AssetsLiabilities
Current AssetsCurrent Liabilities
Cash 50 Accounts payable 42
Accounts receivable22 Notes payable/short-term debt 7
Inventories 17
Total current assets 89Total current liabilities 49
Long-Term Assets Long-Term Liabilities
Net property, plant,
and equipment121Long-term debt 128
Total long-term assets 121 Total long-term liabilities 128
​Total Liabilities 177
​Stockholders' Equity 33
Total Assets 210Total Liabilities and210
Stockholders' Equity


The above diagram shows a balance sheet for a certain company.  If the company buys new property, plant and equipment today using its entire cash balance, what will its net working capital be?

▸ -$3 million

▸ -$10 million

▸ $10 million

▸ $40 million
Textbook 
Fundamentals of Corporate Finance

Fundamentals of Corporate Finance


Edition: 2nd
Authors:
Read 104 times
2 Replies
Replies
Answer verified by a subject expert
jrhome1985!jrhome1985!
wrote...
#1
Posts: 375
Rep: 57 0
4 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

nyounger Author
wrote...
#2
4 years ago
Exactly what I needed for my project, TYSM
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1345 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1131
  
 393
  
 910
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: Who will win the 2024 president election?