| | | | | EXAMINING A FIRM'S WORKING CAPITAL FINANCING STRATEGY |
| | | Working Capital | | | | Short-term Financing |
| | | Cash | $3,093.0 | | $16,182.0 | Trade Credit (Accounts Payable) |
| | | Marketable Securities | $470.0 | | | Notes Payable |
| | | Accounts Recevable | $12,576.0 | | $4,369.0 | Short-term debt |
| | | Inventories | $1,075.0 | | $6,405.0 | Other short-term financing |
| | | Other Current Assets | $4,021.0 |
| | | Other Current Assets | $0.0 |
| | | Total Working Capital | $21,235.0 | | $26,956.0 | Total Short Term Financing |
| | | Long-term Assets | | | | Long-term Financing |
| | | Fixed Assets | $88,642.0 | | $47,618.0 | Long-term Debt |
| | | Other Long-term Assets | $115,345.0 | | $117,491.0 | Other Long-term Financing |
| | | Total Long-term Assets | $203,987.0 | | $165,109.0 | Total Long-term Financing. |
| | | | | | $192,065.0 | Total Liabilities |
| | | | | | $33,157.0 | Shareholders' Equity |
| | | Total Assets | $225,222.0 | | $225,222.0 | Total Liabilities & Shareholders' Equity |
| | | | | CONGRATULATIONS, BALANCE SHEET BALANCES |
| | Company | Verizon |
| | Source of Data | http://finance.yahoo.com/q/bs?s=VZ+Balance+Sheet&annual |
| Refer to Page 636 of Brigham & Ehrhardt, Financial Management, to see how to examine the strategy. |
pmcclam1982
examining_working_capital_financing_1215.xlsx
