I as well has current liabilities of 150000 equity of

Assignment Help Operation Management

Reference no: EM13392781

For the year ending June 30, 2008, the Austin Corporation has current assets of $ 275,000 and total assets of $ 900,000. It also has current liabilities of $ 150,000, equity of $ 200,000, and retained earnings of $ 100,000. The marginal tax rate for the firm is 30%. How much long-term debt does the firm have?

a) $ 250,000

b) $ 350,000

c) $ 315,000

d) $ 450,000

Reference no: EM13392781

Questions Cloud

Create three new it initiatives which can help selected : the changing business environment requires organizations to find creative ways to compete with others in their industry

As well the firm had a net inflow of 300000 from the sale : the johnson and baker company increased investments in foreign securities by 120000 funded fixed asset acquisitions by

Monaco is planning to factor some accounts receivable at : monaco is planning to factor some accounts receivable at the end of the year. accounts totaling 50000 will be

Explain elasticity of demand as it pertains to elastic unit : economists use elasticity to measure consumer responsiveness to changes in the various determinants associated with

I as well has current liabilities of 150000 equity of : for the year ending june 30 2008 the austin corporation has current assets of 275000 and total assets of 900000. it

Diversification is a means of reduce risk what are the two : diversification is a means of reduce risk. what are the two funds that will provide the investor good diversification

Write down a memo explaining the advantages and : write down a memo explaining the advantages and disadvantages of organizational forms. you might research sources

During a january pay period cindy works 47 hours cindys : cindy neuers regular hourly wage rate is 16 and she receives an hourly rate of 24 for work in excess of 40 hours.

If its marginal tax rate was 30 what were timbers cash : timber firewood company reported the following numbers in its 2010 income statementebit 520000depreciation

User Account

All Pages