Question

Eagle Corp. has Current Assets of $1,500 and Net Fixed Assets of $3,500. The firm also...

Eagle Corp. has Current Assets of $1,500 and Net Fixed Assets of $3,500. The firm also has $2,000 in Owner's Equity and $2,000 in Long-term Debt. What is the firm's Net Working Capital (NWC)?

Please answer using two decimal places and do not put the $ in your answer.  

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Penguin Pucks, Inc., has current assets of $3,900, net fixed assets of $28,500, current liabilities of...
Penguin Pucks, Inc., has current assets of $3,900, net fixed assets of $28,500, current liabilities of $3,400, and long-term debt of $7,100. (a) What is the value of the shareholders' equity account for this firm? (b) How much is net working capital?
1.   Thomas Corp., has current assets of $8,500, net fixed assets of $32,370, current liabilities of...
1.   Thomas Corp., has current assets of $8,500, net fixed assets of $32,370, current liabilities of $6,700, and long-term debt of $15,200. What is the value of the shareholders’ equity account for this firm? How much is net working capital? 2.   Freddie’s Fish Farm, Inc., has sales of $725,000, costs of $317,300, depreciation expense of $48,000, interest expense of 28,000, and a tax rate of 21 percent. What is          the net income for this firm? 3.   Deprez, Inc., has...
A firm had current assets of $50,000, net fixed assets of $250,000, current liabilities of $...
A firm had current assets of $50,000, net fixed assets of $250,000, current liabilities of $ 30,000, and long-term debt of $100,000 What is the firm’s stockholder equity? What is the net working capital? If its current liabilities consist of $20,000 in accounts payable and $10,000 in short-term debt (notes payable), what is the firm’s net working capital? Your submission must include and indicate clearly which EQUATIONS from the textbook that you have used, and must show steps in details...
Penguin Pucks, Inc., has current assets of $4,900, net fixed assets of $15,500, current liabilities of...
Penguin Pucks, Inc., has current assets of $4,900, net fixed assets of $15,500, current liabilities of $4,400, and long-term debt of $6,400. (a) What is the value of the shareholders' equity account for this firm? (Click to select)8,9609,60012,8008,60021,400 (b) How much is net working capital? (Click to select)5,9005,900500-6,900-500
A firm has current assets of $850, net fixed assets of $7,600, current liabilities of $600,...
A firm has current assets of $850, net fixed assets of $7,600, current liabilities of $600, and long-term debt of $5,100. What is the value of the shareholders’ equity account for this firm? 750 1000 1500 2000 2750
Delta LTD has current assets of R100 000,net non-current assets of R290 000,current liabilities of R64...
Delta LTD has current assets of R100 000,net non-current assets of R290 000,current liabilities of R64 000 and long term debt of R170 000 . What is the owner’s equity for Delta LTD and how much is the net working capital (NWC)
A firm has sales of $63,000, current assets of $13,000, current liabilities of $14,500, net fixed...
A firm has sales of $63,000, current assets of $13,000, current liabilities of $14,500, net fixed assets of $74,000, and a profit margin of 7.50%. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 4% next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year? A. $4,914 B. $2,000 C....
Testable Corp Cash 1,080 Receivables 6,480 Inventories 9,000 Total Current Assets 16,560 Net Fixed Assets 12,600...
Testable Corp Cash 1,080 Receivables 6,480 Inventories 9,000 Total Current Assets 16,560 Net Fixed Assets 12,600 Total Assets 29,160 Accounts Payable 4,320 Accruals 2,880 Notes Payable 2,100 Total Current Liabilities 9,300 Long Term Debt 3,500 Common Stock 3,500 Retained Earnings 12,860 Total Liabilities and Equity 29,160 Sales 36,000 Operating Costs 32,440 Interest 460 Taxes 1,240 Net Income 1,860 Dividends 837 Shares Outstanding   3,500 Share Price                   $8.45 Information for Problem 5. Calculate the following for Testable Corp. Cash Conversion Cycle (Cash...
A company has net working capital of $850, net fixed assets of $5,370, total assets of...
A company has net working capital of $850, net fixed assets of $5,370, total assets of $8,450, and long-term debt of $5,280. What is the company's total equity?
2015 2016 Sales $3,500 Cost of Goods Sold $1,800 Depreciation Expense $875 Interest Expense $425 Current...
2015 2016 Sales $3,500 Cost of Goods Sold $1,800 Depreciation Expense $875 Interest Expense $425 Current Assets $2,000 $2,500 Total Fixed Assets $6,200 $7,300 Accumulated Depreciation $1,300 This can be determined from the information given Current Liabilities $1,300 $1,500 Long-term Debt $3,500 $3,700 Common Stock $1,200 This can be determined from the information given Calculate Operating Cash Flow, Net Capital Spending, Change in Net Working Capital, Cash Flow to Creditors, and Cash Flow to Shareholders. Please show all steps. Thank...