Assets ($) Liabilities and Equity ($) Cash 2,007,000 Accounts payable 1,260,000 Accounts receivable 4,317,000 Notes payable 1,000,000 Inventory 1,144,000 Accruals 1,220,000 Total current assets 7,468,000 Total current liabilities 3,480,000 Net plant, property, and equipment 8,500,000 Long-term debt 3,000,000 Total assets 15,968,000 Total liabilities 6,480,000     Common equity 9,488,000     Total liabilities and equity 15,968,000           Matt Motor Corporation had sales of $ 32.4 million and a cost of goods sold of $ 13.0 million in 2022. A simplified balance sheet for the firm appears​ here. a. Calculate Matt Motor Corporation​'s net working capital in 2022. answer is 3988,000 b. Calculate the cash conversion cycle of Matt Motor Corporation in 2022.

Assets Fixed assets: Property, plant equipment (net) Total fixed assets Current assets: Inventory and Accounts Receivable (net) Cash and cash equivalents Total current assets Total assets 20X8 750,000 750,000 574,800 235,600 81,200 891,600 1,641,600 Sanborn Corporation Comparative Balance Sheets in € December 31, 20X8 and 20X7 Liabilities 20X7 720,000 720,000 594,800 229,200 40,800 864,800 1,584,800 Stockholders' Equity Stockholders' equity: Common stock 10 par value Retained earnings Total equity Long-term liabilities: Bonds payable Total stockholders' long-term liabilities Current liabilities: Notes payable Accounts payable Total current liabilities Total liabilities Total liabilities stockholders' equity 20X8 400,000 374,000 774,000 400,000 400,000 200,000 267.600 467,600 867,600 & 1,641,600 20X7 400,000 307,600 707,600 400,000 477,200 877,200 877,200 1,584,800 Comment on the results in requirements 1 and 2 by identifying favourable and unfavourable changes in the components and…

Balance Sheets Metropolitan Republic Assets Cash Accounts receivable (net) Short-term investments Inventory Prepaid expenses and other current assets Current assets 263.3 42.4 495.7 394.0 7.8 703.2 558.7 542.4 196.6 Property, plant, and equipment (net) Intangibles and other assets $ 1,498.0 2,686.2 283.3 $ 1,706.2 2,529.3 569.3 $ 4,467.5 $ 4,804.7 Total assets Liabilities and Shareholders' Equity Accounts payable 551.9 294.1 661.2 765.2 623.4 Short-term notes 608.5 Accruals and other current liabilities $ 1,997.1 $ 1,507.2 623.6 Current liabilities 623.3 Long-term debt Deferred tax liability Other long-term liabilities 452.6 684.7 193.0 178.1 Total liabilities $ 2,776.4 $3,483.2 418.0 Common stock (par and additional paid-in capital) Retained earnings Less: Treasury stock 212.9 2,546.9 (1,068.7) $ 4,467.5 1,680.9 (777.4) $ 4,804.7 Total liabilities and shareholders' equity Income Statements $ 5,772.0 (2,837.0) $ 2,935.0 (1,662.7) (68.8) $ 1,203.5 (311.7) 891.8 $ 7,839.2 (4,408.7) $…

Particulars Amount$ Assets   Non-Current Assets(Fixed Assets):   Property, Plant, and Equipment 550,000 Total Non-Current Assets 550,000 Current Assets:   Accounts Receivable 140,000 Notes Receivable 100,000 Inventory 450,000 Supplies and other prepayments 100,000 Cash 1,000,000 Total Current Assets 1,790,000 Total Assets 2,340,000 Liabilities   Non-Current Liabilities:   Long term debt 300,000 Total Non-Current Liabilities 300,000 Current Liabilities:   Accounts Payable 100,000 Notes Payable 100,000 Total Current Liabilities 200,000 Total Liabilities 500,000 Owner's Equity   Capital 1,840,000 Total Owner's Equity 1,840,000 Total Liabilities and Owner's Equity 2,340,000   c. How much is the total current liability of the entity? d. How much is the total non current liability of the entity? e. How much is the total asset of the entity?