Cameron Balance Sheet Acct Pay and Accruals 29 Acct Rec 58 A

Cameron Balance Sheet

Acct Pay and Accruals 29

Acct Rec 58

Accumulated Depreciation (175)

Cash 39

Common Stock 120

Fixed Assets (gross) 390

Inventory 128

Long Term Debt 200

Retained Earnings 65

What is Cameron\'s Inc Net Working Capital, and show calculations.

Solution

Current Assets = Accounts Receivable + Cash + Inventory
Current Assets = 58 + 39 + 128
Current Assets = 225

Current Liabilities = Accounts Payable and Accruals
Current Liabilities = 29

Net Working Capital = Current Assets - Current Liabilities
Net Working Capital = 225 - 29
Net Working Capital = 196