Balance of current assets on the firm balance sheet

Assignment Help Financial Management

Reference no: EM131928004

The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.8 million and net plant and equipment equals $2.4 million. It has notes payable of $150,000, long-term debt of $753,000, and total common equity of $1.45 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.

Write out your answers completely. For example, 25 million should be entered as 25,000,000.

What is the company's total debt?

$ ______

What is the amount of total liabilities and equity that appears on the firm's balance sheet?

$ _______

What is the balance of current assets on the firm's balance sheet?

$ _______

What is the balance of current liabilities on the firm's balance sheet?

$ ________

What is the amount of accounts payable and accruals on its balance sheet? [Hint: Consider this as a single line item on the firm's balance sheet.]

$ _________

What is the firm's net working capital?

$ ________

What is the firm's net operating working capital?

$ ________

What is the monetary difference between your answers to part f and g?

$ _________

Reference no: EM131928004

Questions Cloud

How important protecting your online presence is growing : How important protecting your online presence (across all services you use) is growing in importance, both for you, personally, as well as professionally.

Briefly explain the concept of market efficiency : Briefly explain the concept of market efficiency. What implications does all this have for stock market efficiency?

List each of your project goals : Write your Need Statement. Substantiate the need by presenting proof of need. Keep in mind that the Need Statement must reflect best practices in grant writing.

How to compute revenue and variable costs : How to compute revenue and variable costs? How to use equation approach to compute the number of shows England Productions must perform each year to break even

Balance of current assets on the firm balance sheet : What is the balance of current assets on the firm's balance sheet? What is the company's total debt?

Which decision rule should be the basis of decision making : The board members of Felicia & Fred are strategically evaluating the prospects of fulfilling increasing demand for its products and reaching new consumers.

Corporate income tax rate on firm optimal capital structure : Use these theories to analyze the impact of a reduction in the corporate income tax rate on a firm’s optimal capital structure.

Implement an infrastructure that will allow us to examine : However before that, we will implement an infrastructure that will allow us to examine how these policies affect performance under different evaluation metrics.

What actions you can take to improve your application : Finally explain what actions you can take to improve your application to a foundation or government organization.

User Account

All Pages