Stepping Up, Q4

ruutana

New Member
Joined
Oct 21, 2015
Messages
3
Hi,

I just found these questions and am quite excited to polish my Excel skills.

I'm currently working with the Stepping Up questions but I'm stuck with Question 4.

Question 4
Analyst comment: “Our working capital requirements don’t seem correct” [Error(s) in Calculations!71:89]
What is the change in net working capital ($m) in the Year ending June 2019 under the Base scenario?
Any help with this would be highly appreciated so I can move on to the next one.

Thank you!
 

Some videos you may like

Excel Facts

Excel Joke
Why can't spreadsheets drive cars? They crash too often!

ruutana

New Member
Joined
Oct 21, 2015
Messages
3
That much I figured already. I've tried a bunch of different combinations but don't seem to get the right answer. I assume that Net working capital should be Current assets - Current liabilities and that Current assets include Accounts receivable and Inventory. But =F74+F78-F84 doesn't result in anything starting with 168.
 

timbledum

New Member
Joined
Sep 4, 2015
Messages
5
You are right: =+F74+F78-F84 is the required change in these rows. Of course the results of this question do depend on the answers to the previous questions as well as potentially subsequent questions (so if you have tried further questions, this could affect your results from Q4).

I suggest you re-download the template and try starting from the beginning!

Here are the figures for June 19 for your trouble shooting pleasure :).

Sales58,538.04
Days receivable33.00
Accounts receivable5,292.48
Cost of sales38,609.28
Inventory days42.00
Inventory4,442.71
Cost of sales38,609.28
Total expenses14,659.60
Days payable37.00
Accounts payable5,399.86
Net working capital4,335.33
Change in net working capital(168.79)

<tbody>
</tbody>
 

ruutana

New Member
Joined
Oct 21, 2015
Messages
3
Thank you! I thought I had everything ok since I got the right answers from the previous questions but I guess I've messed something up :) It's easier to check now that I know the right answer for sure.
 

Subscribe on YouTube

Watch MrExcel Video

Forum statistics

Threads
1,106,548
Messages
5,511,989
Members
408,873
Latest member
Lorid24

This Week's Hot Topics

  • Sort code advice please
    Hi, I have the code below which im trying to edit but getting a little stuck. This was the original code which worked fine,columns A-F would sort...
  • SUMPRODUCT with nested If statement
    Hi everyone, Hope you're all well. I'm hoping someone will be able to point me in the right direction with a problem I'm having with a SUMPRODUCT...
  • VBA - simple sort is killing me!
    Hello all! This should be so easy, but not for me, apparently! I have a table of data that can be of varying lengths and widths. My current macro...
  • Compare Two Lists
    I have two Lists and I need to be able to Identify differences between them. List 100 comes from a workbook - the other is downloaded form the...
  • Formula that deducts points for each code I input.
    I am trying to create a formula that will have each student in my class start at 100 points and then for each code that I enter (PP for Poor...
  • Conditional formatting formula required for day of week and a value
    Hi, I have a really simple spreadsheet where column A is the date, column B is the activity total shown as a number and column C states the day of...
Top