Net Working Capital
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2010 and 2011 Balance Sheets for Nabors, Inc
($ millions)
2010 2011 2010 2011
Cash $310 $405 Accounts Payable $2,720 $2,570
Accounts Rec. 2640 3,055 Notes Payable 100 0
Inventory 3275 3,850 Long-Term Debt 7,875 8,100
Net Fixed Assets 10,960 10,670 Common Stock 5,000 5,250
Retained Earnings 1,490 2,060
Total Assets $17,185 $17,980 Total Liab. & Equity $17,185 $17,980
Q: What is the change in net working capital from 2010 to 2011?
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Solution Summary
This solution shows how to compute the net working capital of a given organization from 2010 to 2011 in Excel.
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Attached is the answer
2010 and 2011 Balance Sheets for Nabors, Inc
($ millions)
2010 2011 2010 2011
Cash $310 ...
Education
- Chartered Accountant (Equivalent to CPA in US), Institute of Charted Accountants of India
- Bachelor of Commerce, West Bengal University
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- "I got this feedback and I wanted to know if you can explain it to me. I noticed something within your workings which I believe is incorrect. It looks like you've mistaken the Debt ratio for the Equity Multiplier. You've done a calculation to determine Return on Equity (ROE) but if you take a look at the ratios provided for us you'll see ROE listed on the bottom line already. You can use ROE, Profit Margin and Total Asset Turnover to figure out the Equity Multiplier amount. Equity multiplier is not provided for us and we need to calculate it. I really hope this is helpful to you. "
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