The assets of Prezas Company consist entirely of current assets and net plant and
equipment. The firm has total assets of $2.4 million and net plant and equipment
equals $800,000. It has notes payable of $420,000, long-term debt of $800,000, and
total common equity of $750,000. The firm does have accounts payable and accruals
on its balance sheet. The firm only finances with debt and common equity, so it has
no preferred stock on its balance sheet.
Question 7 (5 points)
What is the balance of current assets on the firm's balance sheet?
Question 8 (5 points)
What is the balance of current liabilities on the firm's balance sheet?
Question 9 (5 points)
What is the amount of accounts payable and accruals on the firm's balance sheet?
Question 10 (5 points)
What is the firm's net working capital?
Question 11 (5 points)
What is the firm's net operating working capital?