Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the working capital?
Working Capital = Current Assets - Current Liabilities
Working Capital = $600,000 - $500,000
Working Capital = $100,000
Given: Curent Assets: $600,000 Total Assets: $2,600,000 Current Liabilities: $500,000 Total Liabilities: $1,700,000 What is the...
6. McRae Corporation's total current assets are $380,000, its noncurrent assets are $500,000, its total current liabilities are $340,000, its long-term liabilities are $250,000, and its stockholders' equity is $290,000. How much is the working capital? A. $290,000 B. $380,000 C. $40,000 D. $250,000
A company has liquid assets of $600,000 and current liabilities of $500,000. What is the effect on the quick ratio if the company records an accrual adjustment for salaries of $100,000 and pays accounts payable in the amount of $50,000? a. The quick ratio will not change as a result of either of these transactions. b. The accrual adjustment will cause the quick ratio to decrease and the payment of accounts payable will cause an increase in the quick ratio....
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...
assets Total current liabilities Debt Ratio C. Debt ratio -the proportion of a company's assets financed with debt. Debt ratio = Total Liabilities Total Assets D How transactions affect the ratios Given the following balances: Current Assets $150,000 Current Liabilities 75,000 Total Assets Total Liabilities 300,000 120,000 1. What is net working capital? 2. What are the current and debt ratios? 3. How would the following transactions affect the current ratio & the debt ratio (Improve, Deteriorate, No Change)? a....
J Company has the following information: Total Current Assets $250,000 Total Assets 800,000 Total Current Liabilities 100,000 Total Liabilities 500,000 Net cash provided by operating activities 50,000 Dividends Paid 5,000 Capital Expenditures 30,000 Compute J Company's current ratio. Compute your answer to two decimal places. For example, enter 1 as 1.00 or 2.3 as 2.30 Compute J Company's debt to assets ratio. Enter you answer as a whole percentage. Compute J Company's free cash flow.
Chapter 2 - Ratio Analysis 2014 $ 54,000 Current assets Total assets Current liabilities Total liabilities Net income Net cash provided by operating activities Preferred dividends Common dividends Expenditures on property, plant, and equipment 22.000 72.000 80,000 90.000 6.000 3,000 27.000 2013 S 36,000 205.000 30.000 100.000 40,000 56,000 6,000 1.500 12.000 Shares outstanding at beginning of year. Shares outstanding at end of year 40.000 75,000 30,000 40,000 Compute the following: EPS Working capital Current Ratio Debt to assets ratio...
The following amounts pertain to the ABC Corporation at December 31: Total current assets $ 300,000 Total fixed assets 2,200,000 Total assets 2,500,000 Total current liabilities 120,000 Total liabilities 1,600,000 Total paid-in capital 400,000 Total equity 900,000 ABC’s working capital at December 31 is A.$400,000 B.$180,000 C.$500,000 D.$900,000
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
A firm's long-term assets = $100,000, total assets = $400,000, inventory = $50,000 and current liabilities = $200,000. The industry average current ratio is 2.0 and quick ratio is 1.5. (3 points each) 7.1 What are the firm's current ratio and quick ratio? 7.2 What is the firm's liquidity position? 7.3 What is the firm's net working capital? 7.4 Why is working capital important to a business?
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