Question

Cash and Equivalents are​ $1,561; Short minus −Term Investments are​ $1,000; Accounts Receivables are​ $3,616; Accounts...

Cash and Equivalents are​ $1,561; Short minus −Term Investments are​ $1,000; Accounts Receivables are​ $3,616; Accounts Payable are​ $5,121; Short minus −Term Debt is​ $288; Inventories are​ $1,816; Other Current Liabilities are​ $1,401; and Other Current Assets are​ $707. What is the amount of Total Current​ Liabilities?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

HI,

total current liabilities = account payable +short term debt+other current liabilities

total current liabilities = 5121+288 +1401 = $6,810

Thanks

Add a comment
Know the answer?
Add Answer to:
Cash and Equivalents are​ $1,561; Short minus −Term Investments are​ $1,000; Accounts Receivables are​ $3,616; Accounts...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 40. Cash are $1,561, marketable securities are $1,052, accounts receivables are $3,616, accounts payables are $5,173,...

    40. Cash are $1,561, marketable securities are $1,052, accounts receivables are $3,616, accounts payables are $5,173, notes payables are $288, inventories are $1,816, other current liabilities are $1,401 and other current assets are $707. What is the amount of total current liabilities as shown on a balance sheet? a. $8,752 b. $7,876 C. $6,862 d. $5,987 e None the above

  • Zandi's Technologies: December 31 Balance Sheets (Thousands of Dollars) Assets Cash and cash equivalents Short-term investments...

    Zandi's Technologies: December 31 Balance Sheets (Thousands of Dollars) Assets Cash and cash equivalents Short-term investments Accounts Receivable Inventories Total current assets Net fixed assets Total assets 2018 $21,000 3.759 52 500 84.000 $161,259 218.400 $379,659 2017 $20,000 3,240 48.000 56.000 $127,240 200.000 $327,240 2016 $21,053 $3,411 $50.526 $58,947 $133,937 200.000 $333,937 Liabilities and equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained Earnings Total common equity Total liabilities and equity $33,600 12,600...

  • Assets 2018 Liabilities 2018 Cash and Cash Equivalents 63,000 Current Liabilities 40,000 Short-term Investments 3,000 Long-term...

    Assets 2018 Liabilities 2018 Cash and Cash Equivalents 63,000 Current Liabilities 40,000 Short-term Investments 3,000 Long-term Liabilities 120,000 Inventory 21,000 Total Liabilities 160,000 Accounts Receivables 20,000 Total Current Assets 107,000 Total Owners' Equity 597,000 Fixed Assets 650,000 Total Assets 757,000 What is the firm’s current ratio and quick ratio in this order? 1.58; 2.68 2.68; 1.58 1.58; 2.15 2.68; 2.15

  • Balance Sheet Feb. 26, 2011 Feb. 27, 2010 (S millions) Cash and cash equivalents Short-term inves...

    We were unable to transcribe this imageBalance Sheet Feb. 26, 2011 Feb. 27, 2010 (S millions) Cash and cash equivalents Short-term investments Receivables 1,103 1,826 90 2,020 2,348 5,897 1,103 10,473 Merchandise inventories Other current assets Total current assets Property and equipment Land and buildings Leasehold improvements Fixtures and equipment Property under capital lease Gross property and equipment Less accumulated depreciation Net property and equipment 5,486 1,144 10,566 766 2,318 4,701 120 7,905 4,082 3,823 2,454 133 203 328 435...

  • 2018 2017 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets 60,000 $ 53,000 30,000...

    2018 2017 Cash Short-term Investments Net Accounts Receivables Merchandise Inventory Total Assets 60,000 $ 53,000 30,000 0 146,000 132,000 277,000 252,000 495,000 535,000 265,000 202,000 44,000 56,000 170,000 178,000 48,000 44,000 Total Current Liabilities Long-term Note Payable Income from Operations Interest Expense Compute the following ratios for 2018 and 2017, and evaluate the company's ability to pay its current liabilities and total liabilities: a. Current ratio d. Debt ratio b. Cash ratio e. Debt to equity ratio c. Acid-test ratio

  • Qualcomm Balance Sheet 2020 Cash & Short Term Investments 12,260 Cash Only 11,839 Short-Term Investments 421...

    Qualcomm Balance Sheet 2020 Cash & Short Term Investments 12,260 Cash Only 11,839 Short-Term Investments 421 Cash & Short Term Investments Growth 1.42% Cash & ST Investments / Total Assets 37.20% Total Accounts Receivable 2,471 Accounts Receivables, Net 2,457 Accounts Receivables, Gross 2,504 Bad Debt/Doubtful Accounts -47 Other Receivables 14 Accounts Receivable Growth -14.91% Accounts Receivable Turnover 9.82 Inventories 1,400 Finished Goods 656 Work in Progress 667 Raw Materials 77 Other Current Assets 634 Miscellaneous Current Assets 634 Total Current...

  • ASSETS 2016 2017 Current Assets: Cash and cash equivalents $125,000 $200000 Short-term investments $575 $600 Accounts...

    ASSETS 2016 2017 Current Assets: Cash and cash equivalents $125,000 $200000 Short-term investments $575 $600 Accounts receivable $1500 $1700 Inventories $135 $150 Total Current Assets $127210 $202450 Investments: $800 $850 Property & Equipment: Medical equipment $600 $650 Office equipment $250 $800 Total $850 $1450 Accumulated depreciation ($126) ($135) Total Assets: $128734 $204615 LIABILITIES & EQUITY Current Liabilities: Salaries $175000 $225000 Benefits $1750 $2500 Accrued expenses $1100 $1200 Bad debt $375 $1500 Total current liabilities $178225 $230200 Long-Term Debt $1500 $1500...

  • Rutner Rope – Balance Sheet Current Assets (Thousands) Cash 23.2 Net Receivables 119.5 Inventories 68.6 Other...

    Rutner Rope – Balance Sheet Current Assets (Thousands) Cash 23.2 Net Receivables 119.5 Inventories 68.6 Other Current Assets 4.6 Total Current Assets 171 Net Fixed Assets 466.8 Other Noncurrent Assets 715.7 Total Assets 1353.5 Liabilities and Shareholders' Equity Current Liabilities Accounts Payable 58.1 Short-Term Debt 4 Other Current Liabilities 103.8 Total Current Liabilities 155.9 Long-Term Debt 849.8 Other Noncurrent Liabilities 95.5 Total Liabilities 1320.7 Revenue 2456.3 COGS 2068.4 Gross Profit 387.9 What are accounts payable in days? What are inventories...

  • Cash Equity Long-term debr Long-term investments Ner property and equipment Other assets Other long-term liabilities 1J0,000...

    Cash Equity Long-term debr Long-term investments Ner property and equipment Other assets Other long-term liabilities 1J0,000 120,000 100,000 150,000 40,000 10,000 4.5 Consider the following balance sheet: BestCare HMO Balance Sheet June 30, 2015 (in thousands) Assets Current Assets: Cash Net premiums receivable Supplies Total current assets Net property and equipment Total assets $2,737 821 387 $3,945 5,924 $9,869 Liabilities and Net Assets Accounts payable-medical services Accrued expenses $2,145 929 Notes payable Total current liabilities Long-term debt 382 Total liabilities...

  • P 7-4 Kaufman Company's balance sheet follows. Assets Current assets Cash Short-term investments at cost (approximate...

    P 7-4 Kaufman Company's balance sheet follows. Assets Current assets Cash Short-term investments at cost (approximate market) Trade accounts receivable, less allowance of $1,590 Inventories at lower of cost (average method) or market: Finished merchandise Work in process, raw materials, and supplies $ 13,445 5,239 88,337 113.879 47,036 160,915 8,221 276,157 Prepaid expenses Total current assets Other assets: Receivables, advances, and other assets Intangibles Total other assets Property, plant, and equipment: Land Buildings Machinery and equipment 4,473 2,324 6,797 5,981...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT