What is the firm balance of current assets

Assignment Help Financial Management

Reference no: EM132071640

1. You have the following information on Universe It Ts, Inc.: sales to working capital = 19 times, profit margin = 25.9%, net income available to common stockholders = $3.9 million, and current liabilities = $1.9 million. What is the firm's balance of current assets?

$9.236 m

$1.953 m

$2.693 m

$0.793 m

2. Which of the following items is found on a balance sheet?

A) cash

B) accounts payable

C) net income

D) Earning Before Interest and Taxes (EBIT)

E) inventoy)

Market Value

Reference no: EM132071640

Questions Cloud

Determine suitability for a cloud computing delivery model : ITC561 - Cloud Computing - Charles sturt university - School of Computing and Mathematics - evaluate the ability of different cloud computing architectures

Discuss about the gender and human sexuality : Search the site for any topic listed in the text book chapter on Gender and Human Sexuality. Select 2 articles to review.

The statement of cash flows as financing activity : Which of the following would be reported in the statement of cash flows as a financing activity?

What gain or loss would be recognized on the called bonds : On September 1, 2012, $3000000 of the bonds are called at 102 plus accrued interest. What gain or loss would be recognized on the called bonds on September

What is the firm balance of current assets : What is the firm's balance of current assets? which of the following items is found on a balance sheet?

Determine the amount maggie should include : Maggie is a cash method taxpayer. Determine the amount Maggie should include in her gross income for 2014

How the alternative cinema was affected by photography : Discuss how the alternative cinema was affected by photography, film, form, style, special effects, and fictional narrative historically.

Provide the necessary entries to record the transaction : The Salvo equipment cost $305,000 with accumulated depreciation of $105,000. Provide the necessary entries to record the transaction

Core and supporting services for services : Identify what are the core and supporting services for these services? Also describe which are: Enhancing services and Enabling services.

User Account

All Pages