Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Chapter 2, Problem 8P
Summary Introduction

To calculate: The overall net operating capital.

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Suppose a firm has the following information: Cash = $500,000; short-term investments = $2.5 million; accounts receivable = $1.2 million; net plant and equipment = $7.8 million. How much is tied up in operating current assets?
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Arredondo, Inc., has current assets of $394, net fixed assets of $17,137, current liabilities of $4,228, and long-term debt of $8,254. How much is net working capital?

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Financial Management: Theory & Practice

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