Homework Answers
1. Since total assets of the firm is $400,000 and the amount the firm has to pay to the customer for the misconduct of the event is $750,000. So both the partners has to pay $400,000 to the customer.
Because whenever a person agrees to entire into a partnership firm they bring up some funs and agrees to share some profit therefore they are not entitled or forced to pay the liability from their pernal assets until and unless they enter into unlimited partnership deed.
Since no such information is given in the above stated question so we will assume they have entered into limited patnership deed and they will we liabi.e to pay the amount they can assume from the business assets.
Therefore, the amount payable to the customer is $400,000 which is equalent to the amount of busniess asset.
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parts 1-3
1 Alex and Jane are partners in a small business, the total assets of...
this is all the teacher gave us a 2. Use the attached balance sheet to answer...
this is all the teacher gave us
a 2. Use the attached balance sheet to answer the following questions What is the largest source of long-term cash being used by the company? How will this source probably affect the company's use of cash on an ongoing basis? (4 points) b What is the company's largest investment in short-term assets? Describe these types of assets (4 points) For common stockholders, what is the amount of investment in the company? Why? (4...
2. a Use the attached balance sheet to answer the following questions What is the largest...
2. a Use the attached balance sheet to answer the following questions What is the largest source of long-term cash being used by the company? How will this source probably affect the company's use of cash on an ongoing basis? (4 points) b. What is the company's largest investment in short-term assets? Describe these types of assets. (4 points) For common stockholders, what is their amount of investment in the company? Why? (4 points) d. How much has the company...
Using the following balance sheet, prepare and analyze the common size balance sheet: Assets &nb...
Using the following balance sheet, prepare and analyze the common size balance sheet: Assets Liabilities and stockholders’ equity Current assets Current liabilities Cash 4 Accounts payable 28 Short term investments 9 Current portion of long term debt 12 Accounts receivable 32 Total current liabilities 40 Inventory 41 Prepaid expenses 2 Long term liabilities Deferred taxes, current 7 Long term debt 48 Total current assets 95 Total liabilities 88 Long term assets Stockholders equity Property & equipment 53 Common stock...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt Ratio Total Debt 4, Debt- Equity Ratio Total Equity 4Equity Multiplier Total Assets Total Equity 3,4: 241 26 Long-term Debt Ratio Long-Term Debt3.011 Long-Term Debt+ Total Equity 9.09 29 Times Interest Earned Ratio 30 EBIT Interest 398.5 3,821, Cash Coverage Ratio EBITt Depreciationl (39857 Interest (382110 Cost of Goods Sold NA Inv 976,600 Inventory Turnover Inventory Period Ending 9/30/2018 Current Assets Cash And Cash...
INCOME STATEMENTS - USD (5) 12 Months Ended shares in Million, 5 in Millione Jun 2020...
INCOME STATEMENTS - USD (5) 12 Months Ended shares in Million, 5 in Millione Jun 2020 Jun 30, 2019 Jun 30, 2018 Raven 5140.015 $125 13 51500 Costafree 8095 42.910 38.353 Grossman 98937 82.933 72.007 Research and development 192 18818 14720 16213 17 400 General and native 5.111 4754 Operating income One income nel 77 1416 Income before income 50.00 43.688 414 Provision for income taxes 8.755 48 19.03 144281 39920 N $9.51 Earnings per shares 55.12 55.11 5215 3578...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BAL...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) Sep 30, Oct 1, 2018 2017 ASSETS Current assets: Cash and cash equivalents $ 8,756.30 $ 2,462.30 Short-term investments 181.50 228.60 Accounts receivable, net 693.10 870.40 Inventories 1,400.50 1,364.00 Prepaid expenses and other current assets 1,462.80 358.10 Total current assets 12,494.20 5,283.40 Long-term investments 267.70 542.30 Equity and cost investments 334.70 481.60 Property, plant and equipment, net 5,929.10 4,919.50 Deferred income...
Given the following financial statements for GM, what is the total fixed assets? (Round your answer...
Given the following financial statements for GM, what is the total fixed assets? (Round your answer to the nearest dollar. Omit commas and the dollar sign-e.g., 10000000) General Motors: Income Statement 12/31/14 Total Revenue 155,929,000 142,121,000 Cost of Revenue 13,808,000 Gross Profit Operating Expenses Selling, General and Administrative 12,158,000 120,000 Non-Recurring 1,530,000 Operating Income or Loss 3,949,000 Net Income 12/31/14 General Motors: Balance Sheet 20,292,000 Cash And Cash Equivalents 9,222,000 Short-Term Investments 35,366,000 Net Recelvables 13,642,000 Inventory 5,148,000 Other Current...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except...
Please create a horizontal and vertical analysis Jane Doe CORPORATION CONSOLIDATED BALANCE SHEETS (in millions, except per share data) Sep 30, Oct 1, 2018 2017 ASSETS Current assets: Cash and cash equivalents $ 8,756.30 $ 2,462.30 Short-term investments 181.50 228.60 Accounts receivable, net 693.10 870.40 Inventories 1,400.50 1,364.00 Prepaid expenses and other current assets 1,462.80 358.10 Total current assets 12,494.20 5,283.40 Long-term investments 267.70 542.30 Equity and cost investments 334.70 481.60 Property, plant and equipment, net 5,929.10 4,919.50 Deferred income...
Many parties provide the cash (or capital) to finance the acquisition of SBUX’s assets. Often overlooked...
Many parties provide the cash (or capital) to finance the
acquisition of SBUX’s assets. Often overlooked capital providers
are suppliers that we have not paid, municipalities and power
companies that we have not paid, and customers that give us cash in
advance of our delivering a product or service. These liabilities
are reported in the current liabilities section of the balance
sheet. Although these parties are technically capital providers,
they are usually thought of as financing the current assets section...
this is all the teacher gave us
a 2. Use the attached balance sheet to answer the following questions What is the largest source of long-term cash being used by the company? How will this source probably affect the company's use of cash on an ongoing basis? (4 points) b What is the company's largest investment in short-term assets? Describe these types of assets (4 points) For common stockholders, what is the amount of investment in the company? Why? (4...
2. a Use the attached balance sheet to answer the following questions What is the largest source of long-term cash being used by the company? How will this source probably affect the company's use of cash on an ongoing basis? (4 points) b. What is the company's largest investment in short-term assets? Describe these types of assets. (4 points) For common stockholders, what is their amount of investment in the company? Why? (4 points) d. How much has the company...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt Ratio Total Debt 4, Debt- Equity Ratio Total Equity 4Equity Multiplier Total Assets Total Equity 3,4: 241 26 Long-term Debt Ratio Long-Term Debt3.011 Long-Term Debt+ Total Equity 9.09 29 Times Interest Earned Ratio 30 EBIT Interest 398.5 3,821, Cash Coverage Ratio EBITt Depreciationl (39857 Interest (382110 Cost of Goods Sold NA Inv 976,600 Inventory Turnover Inventory Period Ending 9/30/2018 Current Assets Cash And Cash...
INCOME STATEMENTS - USD (5) 12 Months Ended shares in Million, 5 in Millione Jun 2020 Jun 30, 2019 Jun 30, 2018 Raven 5140.015 $125 13 51500 Costafree 8095 42.910 38.353 Grossman 98937 82.933 72.007 Research and development 192 18818 14720 16213 17 400 General and native 5.111 4754 Operating income One income nel 77 1416 Income before income 50.00 43.688 414 Provision for income taxes 8.755 48 19.03 144281 39920 N $9.51 Earnings per shares 55.12 55.11 5215 3578...
Given the following financial statements for GM, what is the total fixed assets? (Round your answer to the nearest dollar. Omit commas and the dollar sign-e.g., 10000000) General Motors: Income Statement 12/31/14 Total Revenue 155,929,000 142,121,000 Cost of Revenue 13,808,000 Gross Profit Operating Expenses Selling, General and Administrative 12,158,000 120,000 Non-Recurring 1,530,000 Operating Income or Loss 3,949,000 Net Income 12/31/14 General Motors: Balance Sheet 20,292,000 Cash And Cash Equivalents 9,222,000 Short-Term Investments 35,366,000 Net Recelvables 13,642,000 Inventory 5,148,000 Other Current...
MANGO INC. CONSOLIDATED BALANCE SHEET September 30, 2017 (dollars in millions) ASSETS Current assets: Cash Short-term investments Accounts receivable Inventories Other current assets Total current assets Long-term investments Property, plant, and equipment, net Other noncurrent assets Total assets LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Accounts payable Accrued expenses Unearned revenue Short-term notes payable Total current liabilities Long-term debt Other noncurrent liabilities Total liabilities Stockholders' equity: Common stock ($0.00001 per value) Additional paid-in capital Retained earnings Total stockholders' equity Total liabilities...
Many parties provide the cash (or capital) to finance the
acquisition of SBUX’s assets. Often overlooked capital providers
are suppliers that we have not paid, municipalities and power
companies that we have not paid, and customers that give us cash in
advance of our delivering a product or service. These liabilities
are reported in the current liabilities section of the balance
sheet. Although these parties are technically capital providers,
they are usually thought of as financing the current assets section...
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