Question

Answer #1

Equity value = $ 14,480

Long term debt = $ 9,970

Current liabilities = $ 4,980

Total Liabilities + Equity = Equity value + Long term debt + Current liabilities = 14480 + 9970 + 4980 = $ 29,430

Total Liabilities + Equity = Total Assets

Total Assets = $ 29,430

**Current Assets = Total Assets - Fixed Assets = 29,430 -
12,840 = $ 16,590**

Net Working capital less cash = 3340

Current Assets - Current Liabilities- Cash = 3340

**Cash = Current Assets - Current liabilites - 3340 =
16590- 4980 - 3340 = $ 8,270**

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?

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 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.)

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

Penguin Pucks, Inc., has current assets of $3,900, net fixed
assets of $28,500, current liabilities of $3,400, and long-term
debt of $7,100. (a) What is the value of the shareholders' equity
account for this firm? (b) How much is net working capital?

Orange Company provided the following fiscal year end figures: Cash
$1,234, inventory $13,480, Equity $36,008, Accounts Receivable
$7,789, Net Fixed Assets $42,331, Other Long-term Assets $1,822,
Accounts Payable $9,558, and Accruals $2,756. How much long-term
debt does the company have? What is the company's Net Working
Capital?

Use the table for the question(s) below.
a. When using the book value of equity, the debt to equity ratio
for Luther in 2018 is closest to:
b. If in 2019 Luther has 10.2 million shares outstanding and
these shares are trading at $16 per share, then using the market
value of equity, the debt to equity ratio for Luther in 2019 is
closest to:
c. Luther's current ratio for 2019 is closest to:
d. Luther's quick ratio for 2019...

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