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    Net Working Capital

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    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?

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    https://brainmass.com/business/working-capital-management/net-working-capital-68168

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    Please see the calculation in the attached file. In the calculation of net working ...

    Solution Summary

    The solution explains how to calculate net working capital for Marble Comics.

    $2.19