(Solution) - The financial information for Laurel Electronics referred to in -(2025 Original AI-Free Solution)

Discipline:

Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Download Solution ($11.00) Write My Paper Afresh

Buy For $11.00

Paper Details

The financial information for Laurel Electronics referred to in Problem 3.5 is all at book value. Suppose marking to market reveals that the market value of the firm?s inventory is 20 percent below its book value, its receivables are 25 percent below its book value, and the market value of its current liabilities is identical to the book value. What is the firm?s net working capital using market values? What is the percentage change in net working capital?