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Select a company, review the latest financial statements, and calculate the working capital. If possible, try to select a company that a fellow classmate has not already selected. Examine the...

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  • Select a company, review the latest financial statements, and calculate the working capital. If possible, try to select a company that a fellow classmate has not already selected.
  • Examine the company’s cash, marketable securities, accounts receivables, and inventory.
  • Discuss any issues as well as positives with the company’s working capital and current asset management.
  • Assess the company’s short-term financing needs and potential sources of funds.
Answered Same Day Aug 15, 2021

Solution

Khushboo answered on Aug 18 2021
132 Votes
The working capital can be defined as the difference in the cu
ent assets and cu
ent liabilities of the entity. The selected entity i.e. H&M Group is having cu
ent assets of $31,444 in the year 2019 whereas the cu
ent liabilities of the entity are $5,923 in the year 2019. The working capital of the entity can be determined as follows:
Working Capital = Cu
ent Assets – Cu
ent Liabilities
Working Capital = $31,444 - $5,923
Working Capital = $25,521.
The cash and cash equivalent of the entity has increased from the previous year and it is $12,312....
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