Net Working Capital
Not what you're looking for?
(See attached file for full problem description)
Marble Comics Group
Balance Sheets
12/31/1999 and 12/31/2000
($ in millions)
1999 2000 1999 2000
Cash $75 $135 Accounts Payables $89 $110
Accounts Receivables $230 $214 Short term Notes Payable $227 $442
Inventory $240 $188
Long-term debt $615 $440
Fixed Assets $788 $890
Common Stock $55 $55
Retained Earnings $347 $380
Total Assets $1,333 $1,427 Total Liabilities + Equity $1,333 $1,427
Marble Comics Group
Income statement
Year Ended 12/31/2000
($ in millions)
Net Sales $905
Less: Cost of Goods Sold -$522
Less: General and Admin expenses -$93
Less: Depreciation (expense) -$110
EBIT $180
Less: Interest Paid (expense) -$61
Earnings before taxes $119
Less: Taxes -$30
Net Income $89
What is Marble Comics net working capital in 1999 and 2000?
Purchase this Solution
Solution Summary
The solution explains how to calculate net working capital for Marble Comics.
Solution Preview
Please see the calculation in the attached file. In the calculation of net working ...
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Employee Orientation
Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.
Writing Business Plans
This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.
Six Sigma for Process Improvement
A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.