Question

Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Account

0 0
Add a comment Improve this question Transcribed image text
Answer #1

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASEQ v . * 0605 ENG 15 01 2000 E2 F218 FH FK FL FM EN FOFPFQ - FG 206 207 CURRENT ASSETS/CURRENT LIABILTHIES 208 DAYS SALES OUTS

Add a comment
Know the answer?
Add Answer to:
Cash Receivables Inventories Total current assets Net fixed assets $ 230,000 1,575,000 1,160,000 $2,965,000 1,320,000 Accounts...
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. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $   225,000 Accounts...

    Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $   225,000 Accounts payable $   600,000 Receivables 1,575,000 Notes payable 100,000 Inventories 1,125,000 Other current liabilities 535,000   Total current assets $2,925,000   Total current liabilities $1,235,000 Net fixed assets 1,335,000 Long-term debt 400,000 Common equity 2,625,000 Total assets $4,260,000 Total liabilities and equity $4,260,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of Dollars) Sales $7,500,000 Cost of goods sold 6,375,000 Selling, general, and administrative...

  • NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Comprehensive Ratio Analysis Data...

    NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) $ 235,000 $ 600,000 Cash Accounts payable Receivables 1,575,000 Notes payable 100,000 Inventories 1,160,000 Other current liabilities 560,000 Total current assets $2,970,000 Total current liabilities $1,260,000 Net fixed assets Long-term debt 1,355,000 400,000 Common equity 2,665,000 Total assets Total liabilities and equity...

  • Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company:...

    Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $   220,000 Accounts payable $   600,000 Receivables 1,575,000 Notes payable 100,000 Inventories 1,140,000 Other current liabilities 545,000   Total current assets $2,935,000   Total current liabilities $1,245,000 Net fixed assets 1,335,000 Long-term debt 400,000 Common equity 2,625,000 Total assets $4,270,000 Total liabilities and equity $4,270,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands...

  • Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company:...

    Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $ 225,000 Accounts payable $ 600,000 Receivables 1,575,000 Notes payable 100,000 Inventories 1,130,000 Other current liabilities 515,000 Total current assets $2,930,000 Total current liabilities $1,215,000 Net fixed assets 1,335,000 Long-term debt 400,000 Common equity 2,650,000 Total assets $4,265,000 Total liabilities and equity $4,265,000 Lozano Chip Company: Income Statement for Year Ended December 31,...

  • Problem 3-13 Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Co...

    Problem 3-13 Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2016 (Thousands of Dollars) Cash $ 225,000 Accounts payable $601,866 Receivables 1,575,000 Notes payable 326,634 Inventories 1,125,000 Other current liabilities 525,000 Total current assets $2,925,000 Total current liabilities $1,453,500 Net fixed assets 1,350,000 Long-term debt 1,068,750 Common equity 1,752,750 Total assets $4,275,000 Total liabilities and equity $4,275,000 Lozano Chip Company: Income Statement for Year Ended December...

  • Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as...

    Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2019 (Thousands of Dollars) Cash $ 215,000 Accounts payable Receivables 1,575,000 Notes payable Inventories 1,135,000 Other current liabilities Total current assets $2,925,000 Total current liabilities Net fixed assets 1,345,000 Long-term debt Common equity Total assets $4,270,000 Total liabilities and equity $ 600,000 100,000 520,000 $1,220,000 400,000 2,650,000 $4,270,000 Lozano Chip Company: Income Statement for Year Ended December 31, 2019 (Thousands of...

  • Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company:...

    Comprehensive Ratio Analysis Data for Lozano Chip Company and its industry averages follow. Lozano Chip Company: Balance Sheet as of December 31, 2018 (Thousands of Dollars) Cash $ 235,000 Accounts payable $ 601,866 Receivables 1,575,000 Notes payable 326,634 Inventories 1,140,000 Other current liabilities 540,000 Total current assets $2,950,000 Total current liabilities $1,468,500 Net fixed assets 1,345,000 Long-term debt 1,068,750 Common equity 1,757,750 Total assets $4,295,000 Total liabilities and equity $4,295,000 Lozano Chip Company: Income Statement for Year Ended December 31,...

  • Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial...

    Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial Imports, Inc., Balance Sheet December 31, 2015 Liabilities and stockholders' equity $ 200,000 Accounts payable 225,000 Taxes payable 625.000 Notes payable 500,000 Other current liabilities $1,550,000 Total current liabilities 1,400,000 Long-term debt $2.950,000 Total liabilities Common stock Retained earnings Total liabilities and equity $ 700,000 95,000 200,000 5,000 $1,000,000 500,000 $1,500,000 75,000 1.375,000 $2.950.000 (1) Projected sales are $6,000,000. (2) Cost of goods sold...

  • Assets Cash Accounts receivables Inventory Total current assets Net fixed Total assets 2007 $13,221 31,323 77,244...

    Assets Cash Accounts receivables Inventory Total current assets Net fixed Total assets 2007 $13,221 31,323 77,244 $121,788 344,712 $466,500 2008 $11,729 37,909 91,617 $141,255 390,836 assets Liabilities and Stockholders' Equit Accounts payable Notes payable Deferred taxes Total current liabilities Long-term debt Common stock Retained earnings Total liabilities and stockholders equity $38,549 12,004 21,934 $72,487 78,445 125,000 190,568 $ 42,881 16,753 16,788 $76,422 61,290 175,000 219,379 The company had a net income of $248,462, and depreciation expenses were equal to $72,487...

  • FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total...

    FIN Company: Balance Sheet as of December 31 ($ million) $40 Cash Account receivables Inventories Total current assets $40 $20 $100 $40 Account Payables ? Notes payable $160 Other current liabilities $310 Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity $450 Total liabilities and equity $140 $114 ? Net fixed assets Total assets FIN Company: Income Statement for Year Ended December 31 ($ million) $800.0 Net sales Cost of goods sold (80% of net...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT