Shamrock Inc. has total assets of $15.0 million including cash and marketable securities of $2.5 million,...
Shamrock Inc. has total assets of $15.0 million including cash and marketable securities of $2.5 million, total liabilities of $7.0 million including debt of $1.5 million and an enterprise value of $24 million
______4) What is the book value of equity?
A. $7.0 million B. $8.0 million C. $9.0 million D. $12.0 million
______5) What is the market value of equity (market capital) of the company?
A. $23.0 million B. $24.0 million C. $25.0 million D. $28.0 million
Homework Answers
4) The book value of Equity = Total assets - Total liabilities
=15-7
=8 million
5) The market value of equity = Enterprise value+cash-debt
=24+2.5-1.5
=25 million
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Shamrock Inc. has total assets of $15.0 million including cash
and marketable securities of $2.5 million,...
SnowGeese File: Trial Diet WtChange DigEff ADFiber 1 Plants -6.0 0.0 28.5 2 Plants -5.0 2.5 ...
SnowGeese File:
Trial Diet WtChange
DigEff ADFiber
1 Plants -6.0 0.0
28.5
2 Plants -5.0 2.5
27.5
3 Plants -4.5 5.0
27.5
4 Plants 0.0 0.0
32.5
5 Plants 2.0 0.0
32.0
6 Plants 3.5 1.0
30.0
7 Plants -2.0 2.5
34.0
8 Plants -2.5 10.0
36.5
9 Plants -3.5 20.0
28.5
10 Plants -2.5 12.5
29.0
11 Plants -3.0 28.0
28.0
12 Plants -8.5 30.0
28.0
13 Plants -3.5 18.0
30.0
14 Plants -3.0 15.0
31.0
15 Plants -2.5 ...
Balance Sheet ASSETS: Cash and Marketable Securities: $75.00 Accounts Receivable: $100.00 Inventories: $200.00 TOTAL CURRENT ASSETS:...
Balance Sheet ASSETS: Cash and Marketable Securities: $75.00 Accounts Receivable: $100.00 Inventories: $200.00 TOTAL CURRENT ASSETS: $375.00 Gross Property, Plant and Equipment: (blank) less Accumulated Depreciation: $50.00 NET FIXED ASSETS: (blank) TOTAL ASSETS: (blank) LIABILITIES AND EQUITY: Accounts Payable: $75.00 Notes Payable: (blank) Accruals: $75.00 TOTAL CURRENT LIABILITIES: $300.00 Long Term Debt: $350.00 TOTAL LIABILITIES: $650.00 PREFERRED STOCK: (blank) Common Stock: $50.00 Accumulated Retained Earnings: $125.00 COMMON EQUITY: $175.00 TOTAL LIABILITIES AND EQUITY: $875.00 1. Consider the balance sheet above:...
1/Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data...
1/Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 155,000 Total assets $ 1,430,000 Current ratio 3.3 Acid-test ratio 2.30 Debt to equity ratio 1.6 Required: Compute the long-term assets for Bronco: Long-term assets 2/ Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 170,000 Total assets $...
1/Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data...
1/Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 155,000 Total assets $ 1,430,000 Current ratio 3.3 Acid-test ratio 2.30 Debt to equity ratio 1.6 Required: Compute the long-term assets for Bronco: Long-term assets 2/ Bronco Electronics' current assets consist of cash, marketable securities, accounts receivable, and inventories. The following data were abstracted from a recent financial statement: Inventories $ 170,000 Total assets $...
Dippy Donuts' total assets equal $17 million. Its book value of equity is $7 million. Excess...
Dippy Donuts' total assets equal $17 million. Its book value of equity is $7 million. Excess cash is $150,000. The market value of equity is $10 million and Debt to Enterprise Value ratio is 50%. What is the book value of Dippy's interest bearing debt?
Brenda’s Bar and Grill has total assets of $15.0 million, of which $9.0 million are current...
Brenda’s Bar and Grill has total assets of $15.0 million, of which $9.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Brenda’s gross plant and equipment has a book value of $14.5 million and other long-term assets have a book value of $800,000. What is the balance of inventory and the balance of depreciation on Brenda's Bar and Grill’s balance sheet?
Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory...
Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Fixed assets Total assets 9,000 2,000 6,000 24,000 41,000 34,000 80,000 114,000 155,000 Liabilities and Equity Accounts payable 17,000 Notes payable 6,000 Current liabilities 23,000 Long-term debt 95,000 Total liabilities 118,000 Paid-in capital 20,000 Retained earnings 17,000 Equity 37,000 Total liab. & equity 155,000 - Attempt 1/10 for 10 pts. Part 1 What is the current ratio? 2+ decimals...
Merrimac Brewing company's total assets equal $18 million. The book value of Merrimac's equity is $6...
Merrimac Brewing company's total assets equal $18 million. The book value of Merrimac's equity is $6 million. Excess cash is $200,000. The market value of Merrimac's equity is $10 million. Its Debt to Enterprise Value ratio is .5. What is Merrimac's Debt Ratio?
Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial...
Assets Cash Marketable securities Accounts receivable Inventories Total current assets Net fixed assets Total assets Provincial Imports, Inc., Balance Sheet December 31, 2015 Liabilities and stockholders' equity $ 200,000 Accounts payable 225,000 Taxes payable 625.000 Notes payable 500,000 Other current liabilities $1,550,000 Total current liabilities 1,400,000 Long-term debt $2.950,000 Total liabilities Common stock Retained earnings Total liabilities and equity $ 700,000 95,000 200,000 5,000 $1,000,000 500,000 $1,500,000 75,000 1.375,000 $2.950.000 (1) Projected sales are $6,000,000. (2) Cost of goods sold...
Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets...
Balance sheet Assets Cash Marketable securities Accounts receivable Inventory Property and equipment Accumulated depreciation Total assets Liabilities and Stockholders' Equity Accounts payable Current notes payable Mortgage payable Bonds payable Common stock Retained earnings Total liabilities and stockholders' equity $ 15,150 8,260 13,400 11,500 171,500 (12, eee) $207,810 $ 8,720 3,400 4,200 21,180 114, 30e 56,010 $207,810 A OCA-FARM Required Compute each of the following: (Round your per share a. Current ratio b. Earnings per share o. Quick (acid-test) ratio d....
SnowGeese File:
Trial Diet WtChange
DigEff ADFiber
1 Plants -6.0 0.0
28.5
2 Plants -5.0 2.5
27.5
3 Plants -4.5 5.0
27.5
4 Plants 0.0 0.0
32.5
5 Plants 2.0 0.0
32.0
6 Plants 3.5 1.0
30.0
7 Plants -2.0 2.5
34.0
8 Plants -2.5 10.0
36.5
9 Plants -3.5 20.0
28.5
10 Plants -2.5 12.5
29.0
11 Plants -3.0 28.0
28.0
12 Plants -8.5 30.0
28.0
13 Plants -3.5 18.0
30.0
14 Plants -3.0 15.0
31.0
15 Plants -2.5 ...
Dippy Donuts' total assets equal $17 million. Its book value of equity is $7 million. Excess cash is $150,000. The market value of equity is $10 million and Debt to Enterprise Value ratio is 50%. What is the book value of Dippy's interest bearing debt?
Intro Use the following information to answer the questions: Assets Cash Marketable securities Accounts receivable Inventory Current assets Machines Real estate Fixed assets Total assets 9,000 2,000 6,000 24,000 41,000 34,000 80,000 114,000 155,000 Liabilities and Equity Accounts payable 17,000 Notes payable 6,000 Current liabilities 23,000 Long-term debt 95,000 Total liabilities 118,000 Paid-in capital 20,000 Retained earnings 17,000 Equity 37,000 Total liab. & equity 155,000 - Attempt 1/10 for 10 pts. Part 1 What is the current ratio? 2+ decimals...
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