Post Merger Balance Sheet | |||
Current assets | 18800 | Current liabilities | 6500 |
Net Fixed assets | 36400 | Long term debt | 27800 |
Goodwill | 7000 | Equity (balancing figure) | 27900 |
TOTAL | 62200 | TOTAL | 62200 |
Workings
Jurion Co. Current assets 14,000 Current 4,300 Net liabilities Long- fixed assets 2,700 19,600 term debt...
Jurion Co. Current $30,000 liabilities $ 6,300 Current assets Net fixed assets Long-term 34,200 debt Equity 10,500 47,400 Total $64,200 Total $64,200 James, Inc. $ 5,900 Current $ 3,300 Current assets Net fixed assets 10,100 liabilities Long-term debt Equity 2,600 10,100 Total $16,000 Total $16,000 Suppose the fair market value of James's fixed assets is $16,200 versus the $10,100 book value shown. Jurion pays $29,000 for James and raises the needed funds through an issue of long-term debt. Construct the...
Jurion Co. Current Current $30,000 $6,300 liabilities assets Net fixed assets Long-term debt Equity 10,500 34,200 47,400 $64,200 $64,200 Total Total James, Inc. Current liabilities Long-term debt Current $ 5,900 $3,300 assets Net fixed 10,100 2,600 assets Equity 10,100 $16,000 Total $16,000 Total Suppose the fair market value of James's fixed assets is $16,200 versus the $10,100 book value shown. Jurion pays $29,000 for James and raises the needed funds through an issue of long-term debt. Construct the postmerger balance...
Assume that the following balance sheets are stated at book value. Jurion Co. Current assets $ 29,000 Current liabilities $ 6,200 Net fixed assets 34,100 Long-term debt 10,400 Equity 46,500 Total $ 63,100 Total $ 63,100 James, Inc. Current assets $ 5,700 Current liabilities $ 3,200 Net fixed assets 10,000 Long-term debt 2,500 Equity 10,000 Total $ 15,700 Total $ 15,700 Suppose the fair market value of James's fixed assets is $16,100 versus the $10,000 book value shown. Jurion pays...
Assume that the following balance sheets are stated at book value. The fair market value of James's fixed assets is equal to $10,300. Jurion pays $17,200 for James and raises the needed funds through an issue of long-term debt. Jurion Co. Current assets $ 12,750 Current liabilities $ 5,700 Net fixed assets 37,500 Long-term debt 10,300 Equity 34,250 Total $ 50,250 Total $ 50,250 James, Inc. Current assets $ 3,700 Current liabilities $ 1,700 Net fixed assets 7,200 Long-term debt...
Woodbury Hatchery, Inc, has current assets of $6,400, net fixed assets of $33,600, current liabilities of $4,800, and long term debt of $12,000. What is the value of shareholders' equity? Answers should not include commas (for example, if the answer is 11,275, it should be entered 11275). Answer:
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
Zomby Co.’s revenues for the current year is $30,000. Its net fixed assets are $10,000, short-term liabilities are $3,000, long-term liabilities are $12,000 and shareholders’ equity is $7,000. Depreciation expense of the company is 25% of its net fixed assets and its interest expense is 10% of its long-term debt. If costs of goods sold is $22,500, general and administrative expenses are $6,000 and tax rate is 40%, calculate the following: a. Current Assets b. EBIT c. Net Income d....
Ratio of Liabilities to Stockholders' Equity and Ratio of Fixed Assets to Long-Term Liabilities Recent balance sheet information for two companies in the food industry, Mondelez International, Inc. and The Hershey Company, is as follows (in thousands): Mondelez Hershey Net property, plant, and equipment $10,010,000 $1,674,071 Current liabilities 14,873,000 1,471,110 Long-term debt 15,574,000 1,530,967 Other long-term liabilities 12,816,000 716,013 Stockholders' equity 32,215,000 1,036,749 a. Determine the ratio of liabilities to stockholders' equity for both companies. Round to one decimal place....
A firm has sales of $63,000, current assets of $13,000, current liabilities of $14,500, net fixed assets of $74,000, and a profit margin of 7.50%. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 4% next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year? A. $4,914 B. $2,000 C....