Question

Sam's Corporation has equity value of $14,480. The long term debt is $9,970. Net working capital other then cash is $3,340. Fixed assets are $12,840.

A. How much cash does the company have? If current liabilities are $4,980.

B. What is the total current assets?

Answer #1

Ans:

Given data,

Current assets other than cash - Current liabilities = Net workign capital other than cash = $ 3,340.

Fixed assets = $ 12,840

Equity = $ 14,480

Long term debt = $ 9,970.

A. Formula , Total assets = Total liabilities

Cash + Current assets other than cash + Fixed assets = Current liabitlities + LOng term debt + Equity

Cash + Current assets other than cash - Current liabilities + Fixed assets = Long term debt + Equity

Cash + Net working capital other than cash + Fixed assets = Long term debt + Equity value

Cash + $ 3,340 + $ 12,840 = $ 9,970 + $ 14,480.

Cash = $ 9,970 + $ 14,480 - $ 12,840 - $ 3,340.

Cash = $ 8,270.

B. Cash + Net working capital other than cash = $ 8,270 + $ 3,340

Current assets - Current liabilityies = $ 8270 + $ 3340

Current assets = $ 8270 + $ 3340 -$ 4980

Current assets = $ 6,630.

Cash Equation: Sam's Corporation has equity value of $14,480.
The long term debt is $9,970 Net working capital other then cash is
$3,340. Fixed assets are $12,840. 1. How much cash does the company
have? If current liabilities are $4,980. 2. What is the total
Current assets?

Saunders Corp. has a book net worth of $16,750. Long-term debt
is $3,400. Net working capital, other than cash, is $4,400. Fixed
assets are $4,150 and current liabilities are $2,250.
Required:
(a)
How much cash does the company have?
(Click to select)14,26613,43413,85016,00013,850
(b)
What is the value of the current assets?
(Click to select)21,5256,65020,50019,47520,090

A company has total equity of $2,010, net working capital of
$190, long-term debt of $970, and current liabilities of $2,400.
What is the company's net fixed assets? A. $5,380 B. $2,590 C.
$3,440 D. $2,790 E. $2,980

Current assets = $140,000, net fixed assets = $370,000,
long-term debt = $450,000, net working capital = –$45,000. If
liquidated, current assets will be sold for $120,000 and net fixed
assets will be sold for $400,000. If repaid, both current
liabilities and long-term debt will cost their book value. What is
the market value of shareholders’ equity?
A.
Below –$110,000
B.
Between –$110,000 and –$90,000
C.
Between –$90,000 and –$70,000
D.
Between –$70,000 and –$50,000
E.
Between –$50,000 and –$30,000...

The Lonesome Duck has net working capital of $620. Long-term
debt is $4,320, total assets are $8,190, and fixed assets are
$4,710. What is the amount of the total liabilities? A. $4,920 B.
$8,050 C. $6,890 D. $7,180 E. $2,860

A company has net working capital of $2,157, current assets of
$6,450, equity of $22,170, and long-term debt of $10,520. What is
the company's net fixed assets? Multiple Choice a) $30,533 b)
$28,397 c) $26,240 d) $24,327 e) $39,140

A company has net working capital of $850, net fixed assets of
$5,370, total assets of $8,450, and long-term debt of $5,280. What
is the company's total equity?

The Smathers Company has a long-term debt ratio (i.e., the ratio
of long-term debt to long-term debt plus equity) of .53 and a
current ratio of 1.42. Current liabilities are $2,470, sales are
$10,690, profit margin is 10 percent, and ROE is 15 percent.
What is the amount of the firm’s net fixed assets?
(Do not round intermediate calculations
and round your answer to 2 decimal places, e.g.,
32.16.)
Net fixed assets
$

The Smathers Company has a long-term debt ratio (i.e., the ratio
of long-term debt to long-term debt plus equity) of .55 and a
current ratio of 1.44. Current liabilities are $2,480, sales are
$10,720, profit margin is 12 percent, and ROE is 17 percent.
What is the amount of the firm’s net fixed assets? (Do not round
intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)

Orem Corporation's current liabilities are $106,800, its
long-term liabilities are $267,200, and its working capital is
$149,500. If the corporation's debt-to-equity ratio is 0.10, total
long-term assets must equal:
$2,789,700
$3,964,500
$3,740,000
$3,857,700

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