a). Debt Ratio = [Current Liabilities + Long-term Debt] / Total Assets
= ($782,000 + $1,127,000) / $6,848,000 = 27.9%
b). Debt Ratio = [Current Liabilities + Long-term Debt + New Debt] / [Total Assets + New Warehouse]
= ($782,000 + $1,127,000 + $1,300,000) / ($6,848,000 + $1,300,000) = 39.4%
Question 2. (10 points total) Use this data table of Campbell Industries liabilities and owners' equity...
(Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: . Accounts payable $ 459 comma 000$459,000 Notes payable $250,000 Current liabilitie $709,000 Long-term debt $1,217,000 Common equity $4,841,000 Total liabilities and equity $6,767,000 a. What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Campbell were to purchase a new warehouse for $ 1.3$1.3 million and finance it entirely with long-term debt, what would be the firm's new debt ratio?...
(Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: : a. What percentage of the firm's assets does the firm finance using debt liabilities)? b. If Campbell were to purchase a new warehouse for $1.2 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? a. What percentage of the firm's assets does the firm finance using debt liabilities)? The fraction of the firm's assets...
(Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: a. What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Campbell were to purchase a new warehouse for $1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? a. What percentage of the firm's assets does the firm finance using debt liabilities)? The fraction of the firm's assets that...
Accounts payable $454,000 Notes payable $246,000 Current liabilities $700,000 Long-term debt $1,136,000 Common equity $5,261,000 Total liabilities and equity $7,097,000 (Related to Checkpoint 4.2) (Capital structure analysis) The liabilities and owners' equity for Campbell Industries is found here: . a. What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Campbell were to purchase a new warehouse for $ 1.2 million and finance it entirely with long-term debt, what would be the firm's new debt...
Need insight on question b. please COMPANY ABC Accounts payable $510,000 , Notes payable $256,000, Current liabilities $766,000, Long-term debt $1,114,000, Common equity $4,779,000, Total liabilities & equity $6,659,000 a. What percentage of the firm's assets does the firm finance using debt (liabilities)? The fraction of the firm's assets that the firm finances using debt is 28.2%. b. If ABC were to purchase a new warehouse for $ 1.1 million and finance it entirely with long-term debt, what would be...
a. What percentage of the firm's assets does the firm finance using debt (liabilities)? b. If Rogers were to purchase a new warehouse for $1.1 million and finance it entirely with long-term debt, what would be the firm's new debt ratio? Accounts payable $471,000 Notes payable $244,000 Current liabilities $715,000 Long-term debt $1,206,000 Common equity $4,704,000 Total liabilities and equity $6,625,000 PLEASE answer questions a. and b. legibly. Thank you.
$ 347,270 365,444$ 387,315 TOTAL ASSETS omplete the table below for the liabilities and owners equity part of the balance shee Barron Pizza, Inc. Balance Sheet as of December 31, 2012, 2013, and 2014 (S in thousands) 2014 2013 2012 LIABILITIES Current liabilities Accounts payable nuom debt Total current liabilities Long-term debt Other liabilities Total liabilities OWNERS' EQUITY Common stock Retained earnings s 74,336 s 66,280 135 1361 $ 80,850|$ 60,986 $ |$ 74,630|$L 185,031 28,953 20,149 187,901| $ 243,445|$[...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 11,250 $ 19,440 Accounts payable $ 30,600 $ 49,200 Accounts receivable 11,850 16,080 Notes payable 24,900 31,200 Inventory 39,150 60,240 Total $ 62,250 $ 95,760 Total $ 55,500 $ 80,400 Long-term debt $ 27,000 $ 24,000 Owners’ equity Common stock and paid-in surplus $ 48,000 $ 48,000 Retained earnings 169,500 327,600 Net plant and equipment $...
JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Assets Liabilities and Owners’ Equity 2017 2018 2017 2018 Current assets Current liabilities Cash $ 6,600 $ 12,750 Accounts payable $ 50,000 $ 68,750 Accounts receivable 12,200 14,250 Notes payable 19,000 35,500 Inventory 78,200 95,250 Total $ 97,000 $ 122,250 Total $ 69,000 $ 104,250 Long-term debt $ 48,000 $ 45,000 Owners’ equity Common stock and paid-in surplus $ 50,000 $ 50,000 Retained earnings 233,000 300,750 Net plant and equipment $...
Assets 2017 2018 JUST DEW IT CORPORATION 2017 and 2018 Balance Sheets Liabilities and Owners' Equity 2018 2017 Current liabilities 9,800 Accounts payable $ 48,000 14,200 Notes payable 10,350 75,800 Current assets Cash Accounts receivable Inventory $ $ 49,800 18,600 $ 4,350 11,550 58,350 $ 74,250 Total $ 99,800 Total $ 58,350 $ 68,400 Long-term debt $ 42,000 $ 34,000 Owners' equity Common stock and paid-in $45.000 surplus Retained earnings 154,650 $ 45,000 252,600 Net plant and equipment $225,750 $300,200...