Question

Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?...

Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?

Cash $ 20.00 Accounts payable $ 30.00
Short-term investments 50.00 Accruals 50.00
Accounts receivable 20.00 Notes payable    30.00
Inventory    60.00 Current liabilities $110.00
Current assets $150.00 Long-term debt 70.00
Gross fixed assets $140.00 Common stock 30.00
Accumulated deprec.    40.00 Retained earnings    40.00
Net fixed assets $100.00 Total common equity $ 70.00
Total assets $250.00 Total liab. & equity $250.00

Select the correct answer.

a. $118.70
b. $122.60
c. $123.90
d. $120.00
e. $121.30

Homework Answers

Answer #1

Please Thumbs Up

Thanks

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A company has the following balance sheet. What is its total operating capital? Cash $ 90...
A company has the following balance sheet. What is its total operating capital? Cash $ 90 Accounts payable $ 30 Short-term investments 10 Accruals 50 Accounts receivable 20 Notes payable 40 Inventory 40 Current liabilities 120 Current assets 160 Long-term debt 70 Gross fixed assets 140 Common stock 30 Accumulated deprec. 40 Retained earnings 40 Net fixed assets 100 Total common equity 70 Total assets $260 Total liab. & equity $260 a. $130 b. $150 c. $160 d. $170
A company has the following income statement and balance sheet: INCOME STATEMENT Sales $1,000 Costs 600...
A company has the following income statement and balance sheet: INCOME STATEMENT Sales $1,000 Costs 600 Depreciation 240 EBIT $ 160 Interest expenses 60 EBT $ 100 Taxes (40%) 40 Net income $ 60 BALANCE SHEET Cash $ 20 Accounts payable $ 30 Short-term investments 30 Accruals 50 Accounts receivable 20 Notes payable 10 Inventory 60 Current liabilities 90 Current assets 130 Long-term debt 70 Gross fixed assets 140 Common stock 30 Accumulated deprec. 40 Retained earnings 40 Net fixed...
For the next two questions suppose the following balance sheet: Cash $20 Accounts payable $30 Short-term...
For the next two questions suppose the following balance sheet: Cash $20 Accounts payable $30 Short-term inevstments 20 Accruals 50 Accounts receivable 50 Notes payable 10 Inventory 60      Current liabilities 100      Current assets 160 Long-term debt 70 Net fixed assets 100 Common equity 30 Retained earnings 60 Total assets 250 Total liab. & equity $250 What is its total net operating working capital? $40 $50 $60 $130 $160 What is its total net operating capital? $140 $150 $160...
balance sheet and income statement vertical analysis Horizontal Analysis ABC company percentages change in % difference...
balance sheet and income statement vertical analysis Horizontal Analysis ABC company percentages change in % difference percentage 2015 2016 2015 2016 from year to year 2016-2015 base 2015 balance sheet balance sheet balance sheet cash 460 300 22.12% 19.87% 2.25%      (160.00) -35% AR 620 480 29.81% 31.79% 1.98%      (140.00) -23% inventory 1000 730 48.08% 48.34% 0.27%      (270.00) -27% total assets 2080 1510 100% 100% 0.00%      (570.00) -27% account payable 580 310 27.88% 20.53% 7.35%      (270.00)...
Company Z had the following Balance Sheet in 2016 and 2017. If firm Z also has...
Company Z had the following Balance Sheet in 2016 and 2017. If firm Z also has an Operating Cash Flow of $2080 and depreciation of $445, calculate the company’s Cash Flow from assets using the information on the Balance Sheet: Balance Sheets 2016 2017 2016 2017 Cash 262 414 Accounts payable 2720 2570 Accounts Receivable 2748 3046 Notes payable 100 0 Inventory 3275 3850 Total Current Liabilities 2820 2570 Total Current Assets 6285 7310 Long-term debt 7875 8100 Net fixed...
Continuing Venture, Inc. has the following balance sheet, with negative owner’s equity.  Are they solvent?  Why or why...
Continuing Venture, Inc. has the following balance sheet, with negative owner’s equity.  Are they solvent?  Why or why not? [Hint:  identify elements of the balance sheet that indicate they are solvent, and ones which indicate trouble] ASSETS Cash $5,000 Receivables $60,000 Inventories $70,000 Total Current Assets $135,000 Gross Property, Plant & Equipment $205,000 Less Accum Deprec $28,000 Net Plant & Equip $177,000 Total Assets $312,000 LIABILITIES & EQUITY Accts Payable $47,000 S/T bank loan $40,000 Accrued liabilities $8,000 Total Current Liabilities $95,000 Long-term  debt...
Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL...
Balance Sheet Current assets Cash 910,000 Acc receivable not given Inventories 1,050,000 Fixed assets 3,710,000 TOTAL ASSETS 7,000,000 Current liabilities Acc payable not given Long-term debt 3,500,000 Common stock 560,000 Retained earnings 2,470,000 TOTAL LIAB and EQUITY 7,000,000 Income Statement Sales 14,000,000 Operating expense 11,200,000 EBIT 2,800,000 Interest expense 490,000 EBT 2,310,000 Taxes 924,000 Net income 1,386,000 What is the firm's debt ratio? A.56.71% B.50.00% C.43.29% D.93.29% E.92.00% please help
Muscarella Inc. has the following balance sheet and income statement data: Cash $ 14,000 Accounts payable...
Muscarella Inc. has the following balance sheet and income statement data: Cash $ 14,000 Accounts payable $ 42,000 Receivables 70,000 Other current liabilities 28,000 Inventories 210,000 Total CL $ 70,000 Total CA $294,000 Long-term debt 70,000 Net fixed assets 126,000 Common equity 280,000 Total assets $420,000 Total liab. and equity $420,000 Sales $280,000 Net income $ 21,000 The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the industry average,...
Using XYZ Company's income statements and balance sheets below, compute the company's cash conversation cycle (CCC)....
Using XYZ Company's income statements and balance sheets below, compute the company's cash conversation cycle (CCC). 2015 2014 Assets Cash $ 85,632 $ 84,530 Accounts receivable 878,000 778,000 Inventories 1,716,480 1,820,330 Total current assets $ 2,680,112 $ 2, 682,860 Gross fixed assets 1,197,160 1,197,160 Less accumulated depreciation 380,120 390,255 Net fixed assets $ 817,040 $ 806,905 Total assets $ 3,497,152 $ 2,690,930 Liabilities and Equity Accounts payable $ 436,800 $ 525,700 Accruals 408,000 395,000 Notes payable 300,000 300,000 Total current...
Just Dew It Corporation reports the following balance sheet information.    Prepare the common-size balance sheet...
Just Dew It Corporation reports the following balance sheet information.    Prepare the common-size balance sheet for Just Dew It. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)    Assets   Current assets       Cash $ 8,250 %       Accounts receivable 34,500 %       Inventory 58,500 %         Total $ 101,250 %   Fixed assets       Net plant and equipment $ 273,750 %   Total assets $ 375,000 % Liabilities and Owners’ Equity   Current liabilities       Accounts payable $...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT