Question

Saunders Corp. has a book net worth of $16,750. Long-term debt is $3,400. Net working capital,...

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

Homework Answers

Answer #1

The following calculations are done

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
Sam's Corporation has equity value of $14,480. The long term debt is $9,970. Net working capital...
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?
Current assets = $140,000, net fixed assets = $370,000, long-term debt = $450,000, net working capital...
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...
Penguin Pucks, Inc., has current assets of $4,900, net fixed assets of $15,500, current liabilities of...
Penguin Pucks, Inc., has current assets of $4,900, net fixed assets of $15,500, current liabilities of $4,400, and long-term debt of $6,400. (a) What is the value of the shareholders' equity account for this firm? (Click to select)8,9609,60012,8008,60021,400 (b) How much is net working capital? (Click to select)5,9005,900500-6,900-500
Cash Equation: Sam's Corporation has equity value of $14,480. The long term debt is $9,970 Net...
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?
A company has total equity of $2,010, net working capital of $190, long-term debt of $970,...
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
The Lonesome Duck has net working capital of $620. Long-term debt is $4,320, total assets are...
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...
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?
The Smathers Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term...
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            $
For project A, the cash flow effect from the change in net working capital is expected...
For project A, the cash flow effect from the change in net working capital is expected to be -700 dollars at time 2 and the level of net working capital is expected to be 1,400 dollars at time 1. What is the level of current liabilities for project A expected to be at time 2 if the level of current assets for project A is expected to be 4,400 dollars at time 2? For project A, the cash flow effect...
2018 2017 Balance Sheet: Current Assets Current Liabilities Net Fixed Assets Long-Term Debt Common Stock Income...
2018 2017 Balance Sheet: Current Assets Current Liabilities Net Fixed Assets Long-Term Debt Common Stock Income Statement/Other: Depreciation Expense EBIT Interest Expense Taxes Net Income Dividends $ 5,000     2,000   10,000   11,000     7,500 $ 1,000     4,000     2,000        500      1,500        600 $ 7,000     4,500     8,000     9,500     7,400 Calculate the following Cash Flow from Assets Questions: 1. Operating Cash Flow 2. Net Capital Spending 3. Changes in Net Working Capital 4. Cash...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT