Company Dhas the following information: Revenue Cost of Goods Sold- Gross Profit-- Total operating costs- Operating Income---- --150,000,000 -81,825,000 -68,175,000 -47,625,000 --20,550,000 Interest Income-- -290,000 -800,000 Interest Expense--- Pre-Tax income- Tax (21%)--- Net Income--- --20,040,000 --4,208,400 -15,831,600 Share outstanding-- Share outstanding for diluted -11,000,000 -12,200,000 Cash- -? A/R (avg collect Period-30 days) Inventory (Days Inv. Held = 40)- Other--- Total Current Asset---- -11,917,808 --8,967,123 -5,000,000 PP&E--- Less Accumulated Depreciation-- Net PP&E-- -50,000,000 -10,000,000 -40,000,000 Total current liability Total Liabilities--- -13,842,466 -21,842,466 a. What is the cash amount? b. what is the total current asset?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Wincome statement projections
ert
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References
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Review
View
Times New R..
11
- A- A-
AaBbCcDdEe
AaBbCcDdEe
AaBbCcD
B
U - abe X, x2
A - O A
Normal
No Spacing
Heading 1
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Company Dhas the following information:
Revenue
Cost of Goods Sold-
Gross Profit-
Total operating costs-
Operating Income-
-150,000,000
-81,825,000
-68,175,000
47,625,000
-20,550,000
Interest Income--
-290,000
-800,000
Interest Expense-
Pre-Tax income--
Таx (21%)---
Net Income---
-20,040,000
--4,208,400
-15,831,600
Share outstanding--
Share outstanding for diluted
-11,000,000
-12,200,000
Cash-
A/R (avg collect Period-30 days)
Inventory (Days Inv. Held = 40)
Other-
Total Current Asset-
-11,917,808
--8,967,123
-5,000,000
PP&E---
Less Accumulated Depreciation-
Net PP&E-
-50,000,000
-10,000,000
-40,000,000
Total current liability
13,842,466
-21,842,466
Total Liabilities---
a. What is the cash amount?
b. what is the total current asset?
411 words
English (United States)
MacBook Air
Transcribed Image Text:Wincome statement projections ert Design Layout References Mailings Review View Times New R.. 11 - A- A- AaBbCcDdEe AaBbCcDdEe AaBbCcD B U - abe X, x2 A - O A Normal No Spacing Heading 1 To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Company Dhas the following information: Revenue Cost of Goods Sold- Gross Profit- Total operating costs- Operating Income- -150,000,000 -81,825,000 -68,175,000 47,625,000 -20,550,000 Interest Income-- -290,000 -800,000 Interest Expense- Pre-Tax income-- Таx (21%)--- Net Income--- -20,040,000 --4,208,400 -15,831,600 Share outstanding-- Share outstanding for diluted -11,000,000 -12,200,000 Cash- A/R (avg collect Period-30 days) Inventory (Days Inv. Held = 40) Other- Total Current Asset- -11,917,808 --8,967,123 -5,000,000 PP&E--- Less Accumulated Depreciation- Net PP&E- -50,000,000 -10,000,000 -40,000,000 Total current liability 13,842,466 -21,842,466 Total Liabilities--- a. What is the cash amount? b. what is the total current asset? 411 words English (United States) MacBook Air
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