Homework Answers
Answer:
Current Assets = Accounts Receivable + Cash + Inventory + Short
Term Investments + Prepaid Insurance
Current Assets = $100,000 + $70,000 + $138,000 + $80,000 +
$2,000
Current Assets = $390,000
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CULTIUNI Based on the following data, what is the amount of current assets? Accounts payable..... Accounts...
Based on the following data, what is the amount of current assets? Accounts payable……………………………………………………….. $62,000 Accounts receivable…………………………………………………….. &nb
Based on the following data, what is the amount of current assets? Accounts payable……………………………………………………….. $62,000 Accounts receivable…………………………………………………….. 100,000 Cash………………………………………………………………………. 50,000 Intangible assets………………………………………………………… 100,000 Inventory…………………………………………………………………. 138,000 Long-term investments…………………………………………………. 160,000 Long-term liabilities……………………………………………………… 200,000 Short-term investments…………………………………………………. 80,000 Notes payable……………………………………………………………. 56,000 Property, plant, and equipment…………………………………………… 1,340,000 Prepaid insurance……………………………………………………….. 2,000
CUCHILALLEMPLIFIgless Based on the following data, what is the amount of current assets? Accounts payable Accounts...
CUCHILALLEMPLIFIgless Based on the following data, what is the amount of current assets? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable Property, plant, and equipment Prepaid insurance $60500 116000 74000 116000 145000 162500 210500 85000 57500 1350000 2000 $422000 $264000 $275000 $277000
Based on the following data, what is the amount of current assets? Accounts payable $64500 Accounts...
Based on the following data, what is the amount of current assets? Accounts payable $64500 Accounts receivable 118500 Cash 71500 Intangible assets 118500 Inventory 141000 Long-term investments 157000 Long-term liabilities 195500 Short-term investments 85000 Notes payable 56000 Property, plant, and equipment 133500 Prepaid insurance 1600 $276600 $275000 $417600 $259600
1. Based on the following data, what is the amount of working capital? Accounts payable....................$32,000 Accounts...
1. Based on the following data, what is the amount of working capital? Accounts payable....................$32,000 Accounts receivable....................64,000 Accrued liabilities....................7,000 Cash.........................................20,000 Intangible assets............................40,000 Inventory...............................................72,000 Long-term investments...............................100,000 Long-term liabilities.....................................75,000 Marketable securities.................................35,000 Notes payable (short-term)........................20,000 Property, plant, and equipment.................625,000 Prepaid expenses.........................................2,000 WHAT IS WORKING CAPITAL? a. $162,000 b. $134,000 c. $193,000 d. $62,000 2. Use the following data to determine the total dollar amount of assets to be classified as current assets. Cash..............................................$60,000 Prepaid insurance..........................40,000 Accounts receivable......................50,000 Inventory.........................................70,000 Land held for investment................80,000 Land................................................95,000...
117. Based on the following data, what is the amount of working capital? Accounts payable..... Accounts...
117. Based on the following data, what is the amount of working capital? Accounts payable..... Accounts receivable.......... Cash............. Intangible assets.............. Inventory............ Long-term Investments............ Long-liabilities........... Short-term Investments........... Notes payablo (short-term).. Plant assets....... Prepald expenses............. $31,000 57,000 15,000 50,000 69.000 80,000 100,000 40,000 28,000 670,000 1,000 couron . . .... ............... a. $123,000 b. $151,000 c. $203,000 d. $53,000 81. Expenses are incurred a. only on rare occasions. b. to produce assets. c. to produce liabilities. d. to generate revenues.
View Policies Current Attempt in Progress Based on the following data, what is the amount of...
View Policies Current Attempt in Progress Based on the following data, what is the amount of current assets? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable Property, plant, and equipment Prepaid insurance $62000 124500 69000 124500 133000 169500 220000 82000 57000 1310000 2000 O $275500 O $410500 $277500 $252500 Save for Later View Policies Current Attempt in Progress Based on the following data, what is the amount of working capital? Accounts payable...
Based on the follovwing data, what is the amount of working capital? Accounts payable Accounts receivable...
Based on the follovwing data, what is the amount of working capital? Accounts payable Accounts receivable Cash Intangible assets $74240 132240 81200 116000 160080 185600 232000 92800 64960 1554400 2320 Long-term investments Long-term liabilities Notes payable (short-term) Property, plant, and equipment Prepaid insurance O $329440 O $378160 O $429200 O $385120
118. Based on the following data, what is the amount of curren llowing data, what is...
118. Based on the following data, what is the amount of curren llowing data, what is the amount of current assets? Accounts payable... Accounts receivable.............. Cash................................ Intangible assets........................ Inventory............... Long-term investments.................. Long-liabilities. Short-term investments. Notes payable.................... Plant assets.................... Prepaid expenses............ $31,000 57,000 15,000 50,000 69,000 80,000 100,000 40,000 28,000 670,000 1,000 a. $142,000 b. $182,000 c. $113,000 d. $112,000 . . J.--annital?
Based on the following data for Privett Company, what is the amount of quick assets? Privett...
Based on the following data for Privett Company, what is the amount of quick assets? Privett Company Accounts payable $36,537 Accounts receivable 69,132 Accrued liabilities 6,597 Cash 23,234 Intangible assets 38,408 Inventory 89,428 Long-term investments 119,430 Long-term liabilities 78,929 Marketable securities 36,893 Notes payable (short-term) 28,114 Property, plant, and equipment 695,257 Prepaid expenses 1,856 Select the correct answer O $844,812 O s129,259 O $1,697,907 O 560,127
Privett Company Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets...
Privett Company Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72.000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 400,000 Prepaid expenses 2,000 Based on the data for Privett Company, what is the amount of quick assets? $168,000 $60,000 $96,000 $61,000
CUCHILALLEMPLIFIgless Based on the following data, what is the amount of current assets? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable Property, plant, and equipment Prepaid insurance $60500 116000 74000 116000 145000 162500 210500 85000 57500 1350000 2000 $422000 $264000 $275000 $277000
117. Based on the following data, what is the amount of working capital? Accounts payable..... Accounts receivable.......... Cash............. Intangible assets.............. Inventory............ Long-term Investments............ Long-liabilities........... Short-term Investments........... Notes payablo (short-term).. Plant assets....... Prepald expenses............. $31,000 57,000 15,000 50,000 69.000 80,000 100,000 40,000 28,000 670,000 1,000 couron . . .... ............... a. $123,000 b. $151,000 c. $203,000 d. $53,000 81. Expenses are incurred a. only on rare occasions. b. to produce assets. c. to produce liabilities. d. to generate revenues.
View Policies Current Attempt in Progress Based on the following data, what is the amount of current assets? Accounts payable Accounts receivable Cash Intangible assets Inventory Long-term investments Long-term liabilities Short-term investments Notes payable Property, plant, and equipment Prepaid insurance $62000 124500 69000 124500 133000 169500 220000 82000 57000 1310000 2000 O $275500 O $410500 $277500 $252500 Save for Later View Policies Current Attempt in Progress Based on the following data, what is the amount of working capital? Accounts payable...
Based on the follovwing data, what is the amount of working capital? Accounts payable Accounts receivable Cash Intangible assets $74240 132240 81200 116000 160080 185600 232000 92800 64960 1554400 2320 Long-term investments Long-term liabilities Notes payable (short-term) Property, plant, and equipment Prepaid insurance O $329440 O $378160 O $429200 O $385120
118. Based on the following data, what is the amount of curren llowing data, what is the amount of current assets? Accounts payable... Accounts receivable.............. Cash................................ Intangible assets........................ Inventory............... Long-term investments.................. Long-liabilities. Short-term investments. Notes payable.................... Plant assets.................... Prepaid expenses............ $31,000 57,000 15,000 50,000 69,000 80,000 100,000 40,000 28,000 670,000 1,000 a. $142,000 b. $182,000 c. $113,000 d. $112,000 . . J.--annital?
Based on the following data for Privett Company, what is the amount of quick assets? Privett Company Accounts payable $36,537 Accounts receivable 69,132 Accrued liabilities 6,597 Cash 23,234 Intangible assets 38,408 Inventory 89,428 Long-term investments 119,430 Long-term liabilities 78,929 Marketable securities 36,893 Notes payable (short-term) 28,114 Property, plant, and equipment 695,257 Prepaid expenses 1,856 Select the correct answer O $844,812 O s129,259 O $1,697,907 O 560,127
Privett Company Accounts payable $ 30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72.000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 400,000 Prepaid expenses 2,000 Based on the data for Privett Company, what is the amount of quick assets? $168,000 $60,000 $96,000 $61,000
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