Balance of inventory and the balance of depreciation

Assignment Help Finance Basics
Reference no: EM132235122

Brenda's Bar and Grill has total assets of $10.0 million, of which $3.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. Brenda's gross plant and equipment has a book value of $12.0 million and other long-term assets have a book value of $300,000.

What is the balance of inventory and the balance of depreciation on Brenda's Bar and Grill's balance sheet?

Reference no: EM132235122

Questions Cloud

Determine the minimum inventory valuation : Determine the minimum inventory valuation that G can use when determining net income for tax purposes.
What is the option time value : A stock's current price is 161.15. A call option with exercise price of 152 and maturity of 3 months is currently priced at $ 17.55.
Explain what causes conflict in the workplace : Watch the video from Karl McDonnell, CEO of Strayer University, titled "How do you determine when Organizational Change is necessary.
Nonconstant growth valuation : The company's stock has a beta of 1.2, the risk-free rate is 7.5%, and the market risk premium is 4%. What is your estimate of the stock's current price?
Balance of inventory and the balance of depreciation : What is the balance of inventory and the balance of depreciation on Brenda's Bar and Grill's balance sheet?
What is the bond yield to call : Answering the following questions using cash flow method with financial calculator.
Analyze the areas of your overall plan : Analyze the areas of your overall plan that you wish you had addressed more deeply. This can include topics such as intellectual property, the effect of recent.
What is the cash flow for the branch : Both expenses and revenues are expected to remain approximately constant over the branch's 20-year life
Construct a full pro-forma statement : a) Construct a full pro-forma statement for this project's projected incremental cash flows.

Reviews

Write a Review

Finance Basics Questions & Answers

  Exchange rate over time

In the year of 1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200. If the car still sold for same amount of yen today but the current exchange rate is 144 yen per dollar

  How many years would you need to own the given property

How many years would you need to own this property in order to generate a positive IRR? (Round to the nearest year)

  How much can you withdraw each month from your account

You are planning to save for retirement over the next 35 years. How much can you withdraw each month from your account assuming a 30-year withdrawal period?

  Calculate the npv of a project

Calculate the NPV of a project that has an outlay of $300,000 and has annual net cash flows of $50000 per year over 9 years.

  How much would you be willing to pay for a put on stock

In December 2014, a 9-month call on a stock, with an exercise price of $335, sold for $45.40. The stock price was $335. The risk-free interest rate was 6%.

  What is the working average cost of capital

Consider a company financed with 0.9 equity, 0.1 preferred stock, and the remaining debt subject to a corporate tax rate 0.4

  What is a pro forma financial statement

What is a pro forma financial statement? What is economic value added and why do financial managers care about this? Explain what is meant by a balanced scorecard ?

  Sections of the administrative procedure act

What are the major sections of the administrative procedure act?

  What is its times-interest-earned ratio

Graser Trucking has $10 billion in assets, and its tax rate is 35%. Its basic earning power (BEP) ratio is 16%, and its return on assets (ROA) is 6%. What is its times-interest-earned (TIE) ratio?

  Options to communicate within the workplace today

There are so many options to communicate within the workplace today. (Email, share point, Skype (IM), texting, Yammer, etc.)

  Protecting against foreign exchange risk

Illustrate out the foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations?

  Draw on a diagram the capital market line derived

The expected return on the Market Portfolio M is E(rM)=15%, the standard deviation is ?M=25% and the risk-free rate is rf=5%. The CAPM is assumed to hold.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd