Question

Wenco Balance Sheet as of December 31, 2016 & 2017
Assets:	2016	2017
Cash	2,000	5,120
Accounts receivable	10,000	11,000
Inventory	14,000	16,000
Total current assets	26,000	32,120
Property, plant and equipment	76,000	78,000
Accumulated depreciation	(24,000)	(30,000)
Net property plant & equipment	52,000	48,000
Total assets	$78,000	$80,120
Liabilities:
Accounts payable	15,000	17,000
Salaries payable	1,000	0
Interest payable	0	0
Total current liabilities	16,000	17,000
Bonds payable	30,000	30,000
Total liabilities	46,000	47,000
Shareholders' Equity:
Common stock	20,000	17,000
Retained earnings	12,000	16,120
Total stockholders's equity	32,000	33,120
Total liabilities & stockholders's equity	$78,000	$80,120

1a. What is Wenco's total value of debt capital for 2017?

Answer 1

Debt Capital is the capital which is the company raises by taking a loan. In the given question debt capital is the bonds payable. The total value of debt capital for 2017 is 30000.