Cash equation-what are the current assets

Assignment Help Financial Management
Reference no: EM131329436

Cash equation: Bettendorf Corporation has a book net worth of $17,800. The company's long-term debt is $6,900. Its net working capital, excluding cash, is $1,600. Its fixed assets are $21,300. How much cash does the company have? If the current liabilities are $2,575, what are the current assets?

Reference no: EM131329436

Questions Cloud

Calculate the cross-rate in terms of yen per pound : Cross-rates and arbitrage: The Japanese yen (JPY) exchange rate is 96 JPY = 1 USD, and the British pound (GBP) exchange rate is 1 GBP = 1.72 USD. Calculate the cross-rate in terms of yen per pound.
Using spot and forward exchange rates : Using spot and forward exchange rates: The spot exchange rate for the Canadian dollar (CAD) is 1.14 CAD and the six-month forward rate is 1.17 CAD. Calculate whether a U.S. dollar (USD) or a Canadian dollar is worth more.
What is present value of annuity : What is the present value of the following annuity? $1,654 every year at the end of the year for the next 15 years, discounted back to the present at 7.39 percent per year, compounded annually?
Rights offerings-the ex-rights price-the value of a right : Rights offerings: Borkin Incorporated is proposing a rights offering. Currently, there are 560,000 shares outstanding at $85 each. There will be 65,000 new shares offered at $78 each. Calculate each of the following: The new market value of the compa..
Cash equation-what are the current assets : Cash equation: Bettendorf Corporation has a book net worth of $17,800. The company's long-term debt is $6,900. Its net working capital, excluding cash, is $1,600. Its fixed assets are $21,300. How much cash does the company have? If the current liabi..
Discuss how earnings quality issues : Discuss how “earnings quality issues” would be identified (in other words, which financial statements and other Company disclosures would be reviewed to identify earnings quality issues).
What is the annual interest tax shields : Establishment industries borrows $800 million at an interest rate of 7.6%. What is the annual interest tax shields? if the establishment expects to maintain this debt level into the far future, what is the PV of interest tax shields? How would your a..
How will a share repurchase affect the value of the firm : Megaware Incorporated is a technology firm that was founded eight years ago by John Thompson and Jill Dillman. Megaware manufactures various hardware and software components. Its products are used in personal computers and other peripheral devices. H..
Stock dividends-calculate the ex-dividend price : Stock dividends: The market value balance sheet for Outland Manufacturing is shown in the table below. Outland has declared a 20 percent stock dividend. The stock goes ex-dividend tomorrow. (Chronology for a stock dividend is similar to that for a ca..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the equipments after-tax net salvage value

Allen Air Lines must liquidate some equipment that is being replaced. The equipment originally cost $13 million, of which 85% has been depreciated. The used equipment can be sold today for $4.55 million, and its tax rate is 40%. What is the equipment..

  The time value of money is foundation of finance

The 'time value of money' is a foundation of finance, and, is integral to nearly all models of valuation (present value, future value, number of periods, interest rate, payments, etc.) How would you used any 'time value of money' (essentially compoun..

  What is the estimated price change as a percentage

What is the estimated price change, as a percentage, for this bond if the market interest rate declined by 20bp?

  Weighted average cost of capital after recapitalization

Cops & Co. expects its EBIT to be $60,000 every year forever. Cops currently has no debt and its cost of equity is 22 percent. The firm is considering issuing new par bonds and uses the proceeds of the new debt to repurchase equity. The firm can borr..

  Calculate the market capitalization rate

Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4% per year. The risk-free rate is 6%, and the expected return on the market portfolio is 14%. The stock has a beta of 0.88...

  Considering expanding its wine making operations

Lakeside Winery is considering expanding its wine making operations. The expansion will require new equipment costing $649,000 that would be depreciated on a straight-line basis to a zero balance over the four-year life of the project. What is the ne..

  Will you have enough money in a year to purchase the trip

Your parents have given you $1,200 a year before your graduation so that you can take a trip when you graduate. You wisely decide to invest the money in a bank CD that pays 6.83 percent interest. You know that the trip costs $1,233 right now and that..

  What is the capital gains yield

Company Y expects to pay an annual dividend of $2.40 a share next year. The market value of the stock is $72 a share and the overall market return is expected to be 14.7 percent. What is the capital gains yield?

  Both bonds make annual payments

Bond P is a premium bond with a coupon rate of 8.6 percent. Bond D is a discount bond with a coupon rate of 4.6 percent. Both bonds make annual payments, have a YTM of 6.6 percent, and have eleven years to maturity. What is the current yield for bond..

  End-of-the-year book values for equipment

Calculate the annual depreciation allowances and end-of-the-year book values for this equipment. (Do not round intermediate calculations. Leave no cells blank. Enter "0" when necessary.) A piece of newly purchased industrial equipment costs $1,110,00..

  Comparing checking account balance

Comparing Checking Account Balance: Based on the following information, determine the true balance in your checking account.

  Yield to maturity-what must be coupon rate on bonds

Large Industries bonds sell for $1,071.08. The bond life is 9 years, and the yield to maturity is 5.0%. What must be the coupon rate on the bonds? Assume coupons are paid once a year and the face value is $1,000.

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