Prepare a 2018 balance sheet for Rogers Corp. based on the
following information: Cash = $370,000;...
Prepare a 2018 balance sheet for Rogers Corp. based on the
following information: Cash = $370,000; Patents and copyrights =
$650,000; Accounts payable = $420,000; Accounts receivable =
$129,000; Tangible net fixed assets = $3,900,000; Inventory =
$295,000; Notes payable = $190,000; Accumulated retained earnings =
$1,235,000; Long-term debt = $1,830,000. What is the common stock
account balance for the company?
A firm's balance sheets as of the December 31, 2015 and 2016
show the following items:...
A firm's balance sheets as of the December 31, 2015 and 2016
show the following items: 2015: Cash = $9,916,500; Account
Receivable = $9,000,000; Inventory = $4,500,000; Gross Fixed Assets
= $10,972,000; Accumulated Depreciation = $1,243,000; Retained
Earnings = $1,967,500; Capital Surplus = $8,600,000; Common Stock
($0.50 par) = $4,500,000; Notes Payable = $8,921,000; Long term
debt = $2,500,000; Accounts Payable = $6,657,000. 2016: Cash =
$11,098,000; Account Receivable = $7,600,000; Inventory =
$5,200,000; Gross Fixed Assets = $13,774,000; Accumulated...
BALANCE SHEET
This Year
Cash
23,450
Accounts Receivable
75,250
Inventory
295,000
Current Assets
393,700
Net Property,...
BALANCE SHEET
This Year
Cash
23,450
Accounts Receivable
75,250
Inventory
295,000
Current Assets
393,700
Net Property, Plant & Equipment
322,500
Total Assets
716,200
Accounts Payable
48,250
Short-Term Debt - (3%)
22,000
Accrued Expenses
18,750
Current Liabililities
Long Term Debts - (5%)
365,000
Total Liabilities
Common Stock
100,000
Retained
Earnings
162,200
Total Equity
262,200
Total Liabilities & Equity
Instructions: Calculate the correct values for each of the (YELLOW)
Cells.
eBook
Problem 9-02
Given the following information, construct the firm’s balance
sheet:
Cash and cash equivalents...
eBook
Problem 9-02
Given the following information, construct the firm’s balance
sheet:
Cash and cash equivalents
$
730,000
Accumulated depreciation on plant and equipment
660,000
Plant and equipment
4,200,000
Accrued wages
330,000
Long-term debt
4,430,000
Inventory
7,170,000
Accounts receivable
3,980,000
Preferred stock
440,000
Retained earnings
8,530,000
Land
2,230,000
Accounts payable
1,540,000
Taxes due
150,000
Common stock
$
16 par
Common shares outstanding
115,000
Current portion of long-term debt
$
390,000
Round your answers to the nearest dollar.
Corporation X
Balance...
Company XYZ has the following account balances:
Cash $100,000
Accounts Receivable $200,000
Inventory $200,000
Plant, Property,...
Company XYZ has the following account balances:
Cash $100,000
Accounts Receivable $200,000
Inventory $200,000
Plant, Property, and Equipment $650,000
Accumulated
Depreciation $150,000
Accounts Payable $150,000
Wages Payable $100,000
Long-Term Debt $400,000
Retained Earnings $350,000
Calculate Company XYZ's Current Ratio.
1
1.2
2
1.53
Income
Statement
Balance Sheet
Sales
$20,000,000
Assets:
Cost of Goods Sold
8,000,000
Cash
$5,000,000
12,000,000
Marketable...
Income
Statement
Balance Sheet
Sales
$20,000,000
Assets:
Cost of Goods Sold
8,000,000
Cash
$5,000,000
12,000,000
Marketable Securities
12,500,000
Selling and Administrative
1,600,000
Accounts Receivable, net
2,500,000
Depreciation
3,000,000
Inventory
30,000,000
EBIT
7,400,000
Prepaid Expenses
5,000,000
Interest
2,000,000
Plant & Equipment
30,000,000
5,400,000
Taxes (40%)
2,160,000
Total Assets
85,000,000
3,240,000
Common Stock Div.
600,000
Liabilities and Equity:
$2,640,000
Accounts Payable
$20,000,000
Notes Payable
5,000,000
Shares outstanding of common
stock = 1,000,000
Accrued Expenses
5,000,000
Market price of common stock =
$18...
A company has $614 in inventory, $1,903 in net fixed assets,
$288 in accounts receivable, $133...
A company has $614 in inventory, $1,903 in net fixed assets,
$288 in accounts receivable, $133 in cash, and $338 in accounts
payable. What are the company's total current assets?
A firm has $816 in inventory, $1,640 in fixed assets, $616 in
accounts receivable, $372 in net working capital, and $207 in cash.
What is the amount of current liabilities?
You are examining a company's balance sheet and find that it has
total assets of $20,134, a cash balance of...
Item
Prior year
Current year
Accounts payable
8,171.00
7,835.00
Accounts receivable
6,020.00
6,657.00
Accruals
994.00
1,520.00...
Item
Prior year
Current year
Accounts payable
8,171.00
7,835.00
Accounts receivable
6,020.00
6,657.00
Accruals
994.00
1,520.00
Cash
???
???
Common Stock
10,036.00
11,928.00
COGS
12,613.00
18,047.00
Current portion long-term debt
4,949.00
5,009.00
Depreciation expense
2,500
2,782.00
Interest expense
733
417
Inventories
4,179.00
4,783.00
Long-term debt
14,146.00
13,880.00
Net fixed assets
50,413.00
54,188.00
Notes payable
4,390.00
9,873.00
Operating expenses (excl. depr.)
13,977
18,172
Retained earnings
28,128.00
30,099.00
Sales
35,119
47,770.00
Taxes
2,084
2,775
What is the firm's cash flow from investing?...
You are evaluating the firm's financial performance based on the
following data.
Balance sheet items:
...
You are evaluating the firm's financial performance based on the
following data.
Balance sheet items:
Marketable securities=100
Non-operating long-term assets =200
Cash=100
Accounts receivable=1,000
Inventory=1,000
Operating long-term assets (net of
depreciation) = 13,800
Accounts payable=880
Accrued taxes=200
Short-term debt=120
Long-term debt=5,000
(1,000 par value, 5 bonds)
Equity=10,000
(10 book value per share, 1,000 shares)
Market values:
Market value of the marketable securities =300
Market value of non-operating...