Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet...
Based on the following data, compute the total assets, total liabilities, and net worth.
| Balance Sheet | |||||||
| Liquid assets | $ | 4,800 | Household assets | $ | 96,500 | ||
| Investment assets | 17,300 | Long-term liabilities | 85,400 | ||||
| Current liabilities | 2,730 | ||||||
Homework Answers
Answer:
Total Assets = Liquid Assets + Investment Assets + Household
Assets
Total Assets = $4,800 + $17,300 + $96,500
Total Assets = $118,600
Total Liabilities = Current Liabilities + Long term
Liabilities
Total Liabilities = $2,730 + $85,400
Total Liabilities = $88,130
Net Worth = Total Assets – Total liabilities
Net Worth = $118,600 - $88,130
Net Worth = $30,470
Add Answer to:
Based on the following data, compute the total assets, total
liabilities, and net worth.
Balance Sheet...
Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet...
Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet Liquid assets Investment assets Current liabilities $ 4,670 26,910 2,670 Household assets Long-term liabilities $ 93, 780 76,230 Balance Sheet Total assets Total liabilities Net worth
Homework 1 Saved 33 Based on the following data, compute the total assets, total liabilities, and...
Homework 1 Saved 33 Based on the following data, compute the total assets, total liabilities, and net worth. 10 points Balance Sheet Liquid assets Investment assets Current liabilities $ 5,010 Household anseta 15,100 Long-term liabilities 2,710 $ 99,500 79,400 eBook Hint Balance Sheet Total assets Total liabilities Net worth Print References
2. Balance sheet - Net worth and interpreting the data The following is a partial balance...
2. Balance sheet - Net worth and interpreting the data The following is a partial balance sheet for Andy and Kim Garza. Complete the balance sheet by determining their total assets, total current liabilities, long-term liabilities, and net worth. Balance Sheet Name(s): Andy and Kim Garza Date: December 31, 2012 Assets Liabilities and Net Worth Current Liabilities Liquid Assets Cash Checking Electric $350.17 $195.75 215.33 244.69 Water 150.07 Savings Insurance premiums Total Liquid Assets: $655.77 1,125.00 Mortgage 833.33 750.38 Investments...
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
Balance Sheet Assets Current Assets Cash Accounts receivable Inventories Total current assets Liabilities Current Liabilities $47...
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...
6. Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash . . . . . ....
6. Balance Sheet Assets Liabilities Current Assets Current Liabilities Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 Accounts payable . . . . . . . . . . . . . . . . . . . . . 41 Accounts receivable . . . . . . . . . . . . . ....
Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc. 461...
Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc. 461 LOWE'S COMPANIES INC. Consolidated Balance Sheet $ millions, except par value Feb. 1, 2019 Current assets Cash and cash equivalents $920 Short-term investments 392 Merchandise inventory-net 22,610 Other current assets 1,688 Total current assets 25,610 Property, less accumulated depreciation 33,178 Long-term investments Deferred income taxes-net 529 Goodwill 545 Other assets 1,791 Total assets $62,114 Current liabilities Short-term borrowings $1,300 Current maturities of long-term debt...
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
Based on the following data, compute the total assets, total liabilities, and net worth. Balance Sheet Liquid assets Investment assets Current liabilities $ 4,670 26,910 2,670 Household assets Long-term liabilities $ 93, 780 76,230 Balance Sheet Total assets Total liabilities Net worth
Homework 1 Saved 33 Based on the following data, compute the total assets, total liabilities, and net worth. 10 points Balance Sheet Liquid assets Investment assets Current liabilities $ 5,010 Household anseta 15,100 Long-term liabilities 2,710 $ 99,500 79,400 eBook Hint Balance Sheet Total assets Total liabilities Net worth Print References
2. Balance sheet - Net worth and interpreting the data The following is a partial balance sheet for Andy and Kim Garza. Complete the balance sheet by determining their total assets, total current liabilities, long-term liabilities, and net worth. Balance Sheet Name(s): Andy and Kim Garza Date: December 31, 2012 Assets Liabilities and Net Worth Current Liabilities Liquid Assets Cash Checking Electric $350.17 $195.75 215.33 244.69 Water 150.07 Savings Insurance premiums Total Liquid Assets: $655.77 1,125.00 Mortgage 833.33 750.38 Investments...
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
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...
Identify and Compute Net Operating Assets Following is the balance sheet for Lowe's Companies Inc. 461 LOWE'S COMPANIES INC. Consolidated Balance Sheet $ millions, except par value Feb. 1, 2019 Current assets Cash and cash equivalents $920 Short-term investments 392 Merchandise inventory-net 22,610 Other current assets 1,688 Total current assets 25,610 Property, less accumulated depreciation 33,178 Long-term investments Deferred income taxes-net 529 Goodwill 545 Other assets 1,791 Total assets $62,114 Current liabilities Short-term borrowings $1,300 Current maturities of long-term debt...
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
Most questions answered within 3 hours.
-
Find the complete optimal solution to this linear programming
problem. Max 5x + 3y s.t. 2x...
asked 24 minutes ago -
The pH of an acetate buffer was determined to be 4.76. Then, a
few drops of...
asked 26 minutes ago -
a sample of size 1500 is used to find a confidence
interval for the percentage of...
asked 36 minutes ago -
Explain in detail the differences between qualitative and
quantitative forecasts. Include at least two examples of...
asked 40 minutes ago -
Differentiate between response time and throughput.
Explain how the physical design of a database influences
performance...
asked 42 minutes ago -
Write MATLAB code to plot the following
waveforms.
Rectangular pulses:
????(?)
????(? − ?)
????(?/?) ...
asked 42 minutes ago -
4. Adam’s Inc.’s outstanding common stock is currently selling
in the market for $28. Dividends of...
asked 53 minutes ago -
question
you were
asked to create a regression that will predict the amount of saving
for...
asked 1 hour ago -
If tcalc = -2.78, tcrit = 1.96, H0: Mu > Mu0, and Xbar <
Mu0, what...
asked 1 hour ago -
Circular distribution
•Suppose two birds are flying, one is flying from the north and
the other...
asked 1 hour ago -
please answer all... it all counts as a discussion problem
1a qualitative data and proportions: Suppose...
asked 1 hour ago -
Typing The Answer Is Mandatory
Temperature is a measure of heat. More heat means that more...
asked 1 hour ago