In forecasting a company's balance sheet, the CFO projected total assets of $8.47 million and total liabilities and equity of $7.63 million BEFORE balancing the balance sheet. To complete the pro forma balance sheet, the CFO must: a. Include $16.10 of external financing needed (EFN). b. Include $0.84 million of excess cash. c. Include $16.10 of excess cash. d. Include $0.84 million of external financing needed (EFN).
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forecasting a company's balance sheet, the CFO projected total assets of $8.47 million and total liabilities and equity of $7.63 million BEFORE balancing the balance sheet. To complete the pro forma balance sheet, the CFO must:a. Include $16.10 of external financing needed (EFN).
b. Include $0.84 million of excess cash.
c. Include $16.10 of excess cash.
d. Include $0.84 million of external financing needed (EFN).
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- Sandhill Electronics reported the following information at its annual meetings: The company had cash and marketable securities worth $1,235,455, accounts payables worth $4,159,357, inventory of $7,158,300, accounts receivables of $3,469,000, short-term notes payable worth $1,128,000, and other current assets of $121,455. What is the company's net working capital?Excel Template(Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you’ve been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Net working capital $enter the Net working capital in dollarsYou are the finance manager of Adventure Tourist Ltd. The following data is available for the company as of 31 June 2021: Current assets of $253,950 Current liabilities $178,700 Total assets $795,500 Equity $405,890 Calculate non-current assets, non-current liabilities and build a balance sheet for the company? Calculate the return on assets (ROA) of the company given that return on equity (ROE) is 35%? Adventure Tourist Ltd. has net credit sales of $1,476,000. Calculate the accounts receivable turnover of the company, given average accounts receivable is $128,500You are given the following information: Cash=$407, inventory= $579, Notes payable=$301, Long-term debt=$1,680, Accounts payable=$393, Accounts Receivable=$265, Net fixed Assets=$6,141 and total shareholder equity =???. Build a balance sheet and solve for and include shareholder's equity. a. what is the company's quick ratio? b. what is the company's total debt to equity ratio? c. what is the company's total working capital?
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- Sunny firm has the following balance sheet statement items: total current liabilities of RM805,000; total assets of RM2,655,000; fixed and other assets of RM1,770,000; and long-term debt of RM200,000. What is the amount of the firm's total current assets?Please consider the following financial numbers for Carridine Company and then prepare answers to the required questions. Carridine Company reported a net income of $1.903 million on revenues of $55.618 million for the year 2019. Interest expense totaled $0.459 million and preferred dividends totaled $13.5 million. The average total assets for the year were $17,5 million. The income tax rate is 21%. Average preferred shareholders’ equity totaled $250 million, and average common shareholders’ equity totaled $7.5 million. Compute the rate of return on assets (ROA) and disaggregate ROA into profit margin and assets turnover components. Compute the rate of return on common stock equity (ROCE) and disaggregate ROCE into profit margin, assets turnover, and capital leverage ratio components. Calculate the amount of net income to common shareholders.You are the new CFO of Risk SurfingLtd, whichhas current assets of $7,920, net fixed assets of $17,700, current liabilities of $4,580 and long-termdebts of $5,890. Required:a.What are the three important questions of corporate financeyou will need to address? Please briefly explain them and indicate how they are related to the areas in the balance sheet of a company.b.Calculate owners’ equity and build a balance sheet for the company? c.How much is net working capital of the company? d.Calculatethe return on assets of the company giventhat Return on Equity is 30%?e.What is the PE of the company total number of ordinary share outstanding of the companies is 2,000 and market price of each share is $12?
- Working capital: Winston Electronics reported the following information at its annual meetings. The company had cash and marketable securities worth $1,236,761, accounts payables worth $4,159,857, inventory of $7,122,108, accounts receivables of $3,488,872, notes payable worth $1,152,718, and other current assets of $121,748. What is the company’s net working capital?Prepare a balance sheet for Cornell Corp. based on the following information: cash = $120,000; accounts payable & accruals = $200,000; accounts receivable = $105,000; net fixed assets = $1,750,000; inventory = $290,000; notes payable = $160,000; Retained Earninigs = $660,000; Common Stock (par value+paid in Cap) = $400,000. Prepare the balance sheet. Calculate the long term debt of the firm. Calculate the NWC (Net Working Capital) and Debt to Equity (D/E) ratio.Consider the following balance sheets and income statement for Cruyff Enterprises, and compute the cash that Cruyff received from stock issuances. Cruyff Enterprises Balance Sheets As of December 31, 2020 and 2019 2020 2019 Assets: Cash $18,650 $ 14,900 Accounts Receivable 42,000 36,000 Inventory 60,500 50,000 Prepaid Rent 3,000 1,400 Property, Plant and Equipment 230,000 205,600 Less: Accumulated Depreciation (75,000) (65,000) Total Assets $279,150 $242,900 Liabilities and Stockholders’ Equity: Accounts Payable $26,500 $21,000 Interest Payable 650 400 Unearned Revenue 7,000 10,000 Bonds Payable 37,000 37,000 Common Stock 20,000 15,000 Additional Paid-In Capital 48,000 40,000 Retained Earnings 140,000 119,500 Total Liabilities and…
