The following is partial information of one company\'s Balance Sheet. Using the

Question

The following is partial information of one company's Balance Sheet. Using the given information, provide your answer as requested. Assets: Cash $15,000 Acct. Receivable $15,000 Inventory $10,000 Prepaid Expenses $10,000 FF&E, net $100,000 Liabilities Acct. Payable $11,000 Accrued Expenses $29,000 Notes Payable $60,000 30. Determine the amount of the Net Working Capital. Provide only numbers for your answer with two decimal points. Do not put "," or "%" or "$" in your answer. If your answer is 80%, put 80.00 for your answer. Provide 40000.00 if your answer is $40,000. The following is partial information of one company's Balance Sheet. Using the given information, provide your answer as requested. Assets: Cash $15,000 Acct. Receivable $15,000 Inventory $10,000 Prepaid Expenses $10,000 FF&E, net $100,000 Liabilities Acct. Payable $11,000 Accrued Expenses $29,000 Notes Payable $60,000 30. Determine the amount of the Net Working Capital. Provide only numbers for your answer with two decimal points. Do not put "," or "%" or "$" in your answer. If your answer is 80%, put 80.00 for your answer. Provide 40000.00 if your answer is $40,000. The following is partial information of one company's Balance Sheet. Using the given information, provide your answer as requested. Assets: Cash $15,000 Acct. Receivable $15,000 Inventory $10,000 Prepaid Expenses $10,000 FF&E, net $100,000 Liabilities Acct. Payable $11,000 Accrued Expenses $29,000 Notes Payable $60,000 30. Determine the amount of the Net Working Capital. Provide only numbers for your answer with two decimal points. Do not put "," or "%" or "$" in your answer. If your answer is 80%, put 80.00 for your answer. Provide 40000.00 if your answer is $40,000.

Explanation / Answer

Net Working Capital = Total Current Assets - Total current liabilities.

First we will calculate Total Current Assests Then,

Then, We will Calculate Total Current Liabilities,

Put all the figures in above formula. Then

Net Working Capital = 150000 - 100000

Net Working Capital = 50000

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Total Current Assets Cash 15000 Account Recievable 15000 Inventory 10000 Prepaid expense 10000 FF & E 100000 Total 150000

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