Consider this simplified balance sheet for Geomorph Trading: Current assets $ 290 Current liabilities $ 230...
Consider this simplified balance sheet for Geomorph Trading:
| Current assets | $ | 290 | Current liabilities | $ | 230 | ||
| Long-term assets | 660 | Long-term debt | 200 | ||||
| Other liabilities | 110 | ||||||
| Equity | 410 | ||||||
| $ | 950 | $ | 950 | ||||
a. What is the company’s debt-equity ratio? (Round your answer to 2 decimal places.)
b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.)
c. What is its net working capital?
d. What is its current ratio? (Round your answer to 2 decimal places.)
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Homework Answers
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Consider this simplified balance sheet for Geomorph Trading:
Current assets
$
290
Current liabilities
$
230...
Consider this simplified balance sheet for Geomorph Trading: $ Current assets Long-term assets $ 120 520...
Consider this simplified balance sheet for Geomorph Trading: $ Current assets Long-term assets $ 120 520 70 270 Current liabilities Long-term debt Other liabilities Equity 90 $ 640 210 $ 640 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round...
NEED ASAP IN 10 MIN PLEASE!!!! THANK YOU!! 5 Consider this simplified balance sheet for Geomorph...
NEED ASAP IN 10 MIN PLEASE!!!! THANK YOU!!
5 Consider this simplified balance sheet for Geomorph Trading: 170 Current assets $ Long-term assets 570 Current liabilities $ 95 Long-term debt 245 Other liabilities 140 Equity 260 01:56:52 $ 740 $ 740 a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) Debt-equity ratio What is the ratio of long-term debt to total long-term capital? (Round your answer to b. 2 decimal places.) Long-term debt ratio c....
The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities...
The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 235,000 762,000 $997,000 $160,000 457,000 617,000 380,000 $997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) ace Working capital Current ratio Debt to assets ratio Debt to equity ratio
The balance sheet for Gibson Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities...
The balance sheet for Gibson Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Connon stock and retained earnings Total liabilities and stockholders' equity $ 231,000 757,eee $988, eee $156,888 459,eee 615, eee 373,600 $988,eee Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio Debt to equity ratio 29
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance...
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852 Long-term debt Other liabilities Equity $ 89,386 Total $ 29,745 27,762 14,337 17,542 $ 89,386 Total Locust has 667 million shares outstanding with a market price of $93 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value million Market value added million b. Calculate the market-to-book ratio. (Round...
Crane Company provides you with the following balance sheet information as of December 31, 2017 Current...
Crane Company provides you with the following balance sheet information as of December 31, 2017 Current assets Long-term assets Total assets $9.430 Current liabilities 21.730 Long-term liabilities $31.160 Stockholders' equity Total liabilities and stockholders' equity $9,840 11.480 9.840 $31.160 In addition, Crane reported net income for 2017 of $13,120, income tax expense of $2,624, and interest expense of $1,067. Your answer is correct. Compute the current ratio and working capital for Crane for 2017. (Round current ratio to 2 decimal...
The balance sheet for Fanning Corporation follows: Current assets 237,000 Long-term assets (net) 757,000 Total assets...
The balance sheet for Fanning Corporation follows: Current assets 237,000 Long-term assets (net) 757,000 Total assets $994,000 Current liabilities $146,000 Long-term liabilities 443,000 Total liabilities 589,000 Common stock and retained earnings 405,000 Total liabilities and stockholders' equity $994,000 Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio Debt to equity ratio
The balance sheet for Fanning Corporation follows: Current assets $232,000 763,000 Long-term assets (net) Total assets...
The balance sheet for Fanning Corporation follows: Current assets $232,000 763,000 Long-term assets (net) Total assets $995,000 Current liabilities $153,000 460,000 613,000 382,000 Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $995,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio % Debt to assets ratio Debt to equity ratio
The balance sheet for Baird Corporation follows: Current assets $ 238,000 Long-term assets (net) 763,000 Total...
The balance sheet for Baird Corporation follows: Current assets $ 238,000 Long-term assets (net) 763,000 Total assets $ 1,001,000 Current liabilities $ 154,000 Long-term liabilities 444,000 Total liabilities 598,000 Common stock and retained earnings 403,000 Total liabilities and stockholders’ equity $ 1,001,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital current ratio debt to assets ratio % debt to equity ratio
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance...
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet (5 in Lions) $ 42,524 Current liabilities 46,832 Long-term debt Other liabilities Equity $ 89,356 Total $29,755 27,752 14,317 17 532 $ 89,356 Total Locust has 657 million shares outstanding with a market price of $83 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value Market value added b. Calculate the market-to-book ratio. (Round your answer...
Consider this simplified balance sheet for Geomorph Trading: $ Current assets Long-term assets $ 120 520 70 270 Current liabilities Long-term debt Other liabilities Equity 90 $ 640 210 $ 640 BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) b. What is the ratio of total long-term debt to total long-term capital? (Round your answer to 2 decimal places.) c. What is its net working capital? d. What is its current ratio? (Round...
NEED ASAP IN 10 MIN PLEASE!!!! THANK YOU!!
5 Consider this simplified balance sheet for Geomorph Trading: 170 Current assets $ Long-term assets 570 Current liabilities $ 95 Long-term debt 245 Other liabilities 140 Equity 260 01:56:52 $ 740 $ 740 a. What is the company's debt-equity ratio? (Round your answer to 2 decimal places.) Debt-equity ratio What is the ratio of long-term debt to total long-term capital? (Round your answer to b. 2 decimal places.) Long-term debt ratio c....
The balance sheet for Munoz Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $ 235,000 762,000 $997,000 $160,000 457,000 617,000 380,000 $997,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) ace Working capital Current ratio Debt to assets ratio Debt to equity ratio
The balance sheet for Gibson Corporation follows: Current assets Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Connon stock and retained earnings Total liabilities and stockholders' equity $ 231,000 757,eee $988, eee $156,888 459,eee 615, eee 373,600 $988,eee Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt to assets ratio Debt to equity ratio 29
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet ($ in millions) $ 42,534 Current liabilities 46,852 Long-term debt Other liabilities Equity $ 89,386 Total $ 29,745 27,762 14,337 17,542 $ 89,386 Total Locust has 667 million shares outstanding with a market price of $93 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value million Market value added million b. Calculate the market-to-book ratio. (Round...
Crane Company provides you with the following balance sheet information as of December 31, 2017 Current assets Long-term assets Total assets $9.430 Current liabilities 21.730 Long-term liabilities $31.160 Stockholders' equity Total liabilities and stockholders' equity $9,840 11.480 9.840 $31.160 In addition, Crane reported net income for 2017 of $13,120, income tax expense of $2,624, and interest expense of $1,067. Your answer is correct. Compute the current ratio and working capital for Crane for 2017. (Round current ratio to 2 decimal...
The balance sheet for Fanning Corporation follows: Current assets $232,000 763,000 Long-term assets (net) Total assets $995,000 Current liabilities $153,000 460,000 613,000 382,000 Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $995,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio % Debt to assets ratio Debt to equity ratio
Here is a simplified balance sheet for Locust Farming: Current assets Long-term assets Locust Farming Balance Sheet (5 in Lions) $ 42,524 Current liabilities 46,832 Long-term debt Other liabilities Equity $ 89,356 Total $29,755 27,752 14,317 17 532 $ 89,356 Total Locust has 657 million shares outstanding with a market price of $83 a share. a. Calculate the company's market value added. (Enter your answers in millions.) Market value Market value added b. Calculate the market-to-book ratio. (Round your answer...
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