Hello, Thank you for any and all help you give! I am in a Finance and Value Crea
ID: 2654608 • Letter: H
Question
Hello,
Thank you for any and all help you give!
I am in a Finance and Value Creation course. I am using this textbook:
Ross, S. A., Westerfield, R. W., Jaffe, J. F., & Jordan, B. D. (2014). Corporate finance: Core principles and applications (4th ed.). New York, NY: McGraw-Hill. ISBN: 9780077861650.
I am stuck on this problem, I need to know what sums to add/subtract to get the
(1) NET WORKING CAPITAL (INCLUDING CASH)
CHAPTER 18: PROBLEM 2
Net Worth
$13,205
Long-term Debt
$8,200
Net Working Capital (Excluding Cash)
$3,205
Fixed Assets
$17,380
Current Liabilities
$1,630
Net Working Capital (Including Cash) =
Err:520 (EXCEL FORMULA: B? + B?)
CHAPTER 18: PROBLEM 2
Net Worth
$13,205
Long-term Debt
$8,200
Net Working Capital (Excluding Cash)
$3,205
Fixed Assets
$17,380
Current Liabilities
$1,630
Net Working Capital (Including Cash) =
Err:520 (EXCEL FORMULA: B? + B?)
Explanation / Answer
Note :
Net Working Capital (Including Cash) = Net Worth + Long-term Debt - Fixed Assets
Net Worth [a] 13205 Long-term Debt [b] 8200 Net Working Capital (Excluding Cash) [c] 3205 Fixed Assets [d] 17380 Current Liabilities [e] 1630 Net Working Capital (Including Cash) = [a+b-d] [f] 4025Related Questions
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