Total liabilities=Current liabilities+Long term debt
=(1775+8225)=$10,000
Total liabilities and equity=Total liabilities+equity
=(10,000+14235)
=$24235
Total liabilities and equity=Fixed assets+Current assets
Current assets=(24235-19640)=$4595
Net working capital other than cash =(Current assets-Cash)Current liabilities
2165=(4595-Cash)-1775
Cash=(4595-1775-2165)
=$655.
ASSETS Current Assets Cash $ $ $ $ Accounts receivable Inventory Other current assets $ S Balance Sheet as of December 31, 2012, 2013, and 2014 (s in thousands) 2014 2013 2012 LIABILITIES 2014 2013 2012 Current liabilities 6,937 s 9,365 17,515 Accounts payable s $ 74,383 S 66 116 26,766 $ 25,735 Short-term debt $ 155 $ $ 241 $ 16,317$ 12,647 Total current liabilities $ 80,897 $ 74,637 11,462 $ 10,919 $ Long-term debt $ 60.997 s $...
1) How is the current ratio calculated? a. current assets minus current liabilities b. total assets divided by total liabilities c. total assets minus total liabilities d. current assets divided by current liabilities 2) The common size income statement reports each income statement item as a percentage of a. net sales b. net income c. gross sales d. total assets
A. Colter Steel has $5,350,000 in assets. Temporary current assets $ 2,700,000 Permanent current assets 1,585,000 Fixed assets 1,065,000 Total assets $ 5,350,000 Short-term rates are 11 percent. Long-term rates are 16 percent. Earnings before interest and taxes are $1,130,000. The tax rate is 30 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be? B. Colter Steel has $4,800,000 in assets....
Colter Steel has $5,200,000 in assets. Temporary current assets Permanent current assets Fixed assets Total assets $ 2,400,000 1,570,000 1 , 230, 000 $5,200,000 Short-term rates are 8 percent. Long-term rates are 13 percent. Earnings before interest and taxes are $1,100,000. The tax rate is 30 percent. If long-term financing is perfectly matched (synchronized) with long-term asset needs, and the same is true of short-term financing, what will earnings after taxes be? Earnings after taxes
How to calculate pp&E as percentage? Current Current assets as a Nike, percentage assets as a Tesla, percentage 5/31/15, in millions of total assets 9/30/18 in millions of total assets Current assets PP&E as percentage of PP&E as percentage of Property, plant, and equipment, net Total long-term assets Total Assets 1600 IS926+5624 IS976
The classification "Current Assets" refers to which one of the following? A measure of current assets to all current liabilities. The amount of money put aside for a "rainy day." Assets that will be used or consumed within one year or period. 93 The amount of money invested in plant and operations.
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47 Accounts payable 23 Total current liabilities $40 40 86 Long-Term Liabilities Long-Term Assets Net property, plant, and equipment Total long-term assets 170 164 Long-term debt Total long-term 164 liabilities 170 Total Assets 250 210 Total Liabilities Stockholders' Equity Total Liabilities and Stockholders' Equity 250 The balance sheet for a small firm is shown above. All amounts are in thousands of dollars What is this...
1) How is working capital calculated? a. current assets * current liabilities b. current assets minus current liabilities c. current assets plus current liabilities d. current assets / current liabilities 2) Which of the following evaluates data over a period of time? a. ratio analysis b. financial analysis c. vertical analysis d. horizontal analysis 3) Which of the following applies to ratio analysis? a. it uses financial statement data from the same accounts and compares it to different years b....
Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 Accounts payable . . . . . . . . . . . . . . . . . . . . . 36 Accounts receivable . . . . . . . . . . . . . . ....
Judith Corp has current assets worth 50,000 and current liabilities worth 75000. Current assets include an inventory of 10000 what is the current ratio?