a.
. Use the following information quoted in millions of
dollars.
Short-term borrowing (notes payable) $1,000...
a.
. Use the following information quoted in millions of
dollars.
Short-term borrowing (notes payable) $1,000
Long-term debt (Bonds) 3,000
Stockholders’ Equity 8,000
Calculate the firm’s enterprise value. Short-term and Long-term
debt are equal to market value. The
firm has 800 million shares trading for a price per share of
$40. Calculate the firm’s enterprise value.
b.
5. A firm reported a $250 million increase in cash flow over a
year. It also reported $310 million in cash
flow from...
Helix Co. entered into the following transactions involving
short-term notes payable. On May 14,
Helix signed a...
Helix Co. entered into the following transactions involving
short-term notes payable. On May 14,
Helix signed a 60-day, $30,000 note bearing 8% annual
interest. Helix Co. paid all amounts due on the
maturity date.
The maturity date of the note is on
________________.
Required information
Problem 9-1A Short-term notes payable transactions and entries
LO P1
[The following information applies...
Required information
Problem 9-1A Short-term notes payable transactions and entries
LO P1
[The following information applies to the questions
displayed below.]
Tyrell Co. entered into the following transactions involving
short-term liabilities.
Year 1
Apr.
20
Purchased $40,250 of merchandise on credit from Locust, terms
n/30.
May
19
Replaced the April 20 account payable to Locust with a 90-day,
10%, $35,000 note payable along with paying $5,250 in cash.
July
8
Borrowed $80,000 cash from NBR Bank by signing a 120-day,...
The Blue Company has provided the following account
balances:
Cash $380,000
Short-term investments $40,000
Accounts receivable...
The Blue Company has provided the following account
balances:
Cash $380,000
Short-term investments $40,000
Accounts receivable $60,000
Inventory $480,000
Long-term notes receivable $20,000
Equipment $960,000
Factory Building $1,800,000
Intangible assets $60,000
Accounts payable $300,000
Accrued liabilities payable $40,000
Short-term notes payable $95,000
Income taxes payable $55,000
Long-term notes payable $920,000
Stockholders’ equity $2,400,000
What is Blue's current ratio?
Accounts payable $543,000
Notes Payable $247,000
current liabilities $790,000
Long term debt $1,238,000
common equity $5,141,000...
Accounts payable $543,000
Notes Payable $247,000
current liabilities $790,000
Long term debt $1,238,000
common equity $5,141,000
Total liabilities and equity $7,169,000
A. What percentage of the firm's assets does the firm finance
using debt (liabilities)?
B. If Campbell were to purchase a new warehouse for $1.1 million
and finance it entirely with long-term debt, what would be the
firm's new debt ratio?
Current Assets 30,000,000 Current Liabilities 20,000,000
Fixed Assets 70,000,000 Notes Payable 10,000,000
Total Assets: 100,000,000 Long-term...
Current Assets 30,000,000 Current Liabilities 20,000,000
Fixed Assets 70,000,000 Notes Payable 10,000,000
Total Assets: 100,000,000 Long-term debt 30,000,000
Common Stock 1,000,000
Retained Earnings 39,000,000
Total liabilities & Equity 100,000,000
The notes payable are to banks, and the interest rate on this
debt is 7%, the same as the rate on new bank loans. These bank
loans are not used for seasonal financing but instead are part of
the company's permanent capital structure. The long-term debt
consists of 30,000 bonds, each...
On
July 1, 2013 Avery services issued a 4% long-term note payable for
$10,000. It is...
On
July 1, 2013 Avery services issued a 4% long-term note payable for
$10,000. It is payable over a five-year term in $2000 principal
installments on July 1 of each year. Which of the following and
trees need to be made at July 1, 2013 to re-classify the current
portion of the note?
a.) Long term notes payable $2000, cash $2000
b.) current portion of long term notes payable $2000,
long-term notes payable $2000
c.) Long term notes payable $2000,...
5)
Accounts payable $499,000
Notes payable $259,000
__________________________
Current liabilities $758,000
___________________________
?Long-term debt $1,233,000
Common...
5)
Accounts payable $499,000
Notes payable $259,000
__________________________
Current liabilities $758,000
___________________________
?Long-term debt $1,233,000
Common equity $5,086,000
_____________________________
Total liabilities and equity $7,077,000
?(Related to Checkpoint? 4.2) ?(Capital
structure? analysis)??The liabilities and? owners' equity
for Campbell Industries is found? here:(above chart)
a.??What percentage of the? firm's assets does
the firm finance using debt? (liabilities)?
b. If Campbell were to purchase a new warehouse
for $1.3 million and finance it entirely with? long-term debt, what
would be the? firm's new...