Moe's Tavern Inc has current assets of $12,000 of which $4,000 is inventory and $2,000 in current liabilities. What is its working capital? Group of answer choices A. $6,000 B. $8,000 C. $10,000 D. S 12,000
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- What is the amount of ending capital shown on the balance sheet for Floress Catering? a. 22,000 b. 20,000 c. 45,500 d. 32,800During 20X1, Craig Company had the following transactions: a. Purchased 300,000 of 10-year bonds issued by Makenzie Inc. b. Acquired land valued at 105,000 in exchange for machinery. c. Sold equipment with original cost of 810,000 for 495,000; accumulated depreciation taken on the equipment to the point of sale was 270,000. d. Purchased new machinery for 180,000. e. Purchased common stock in Lemmons Company for 82,500. Required: 1. Prepare the net cash from investing activities section of the statement of cash flows. 2. CONCEPTUAL CONNECTION Usually, the net cash from investing activities is negative. How can Craig cover this negative cash flow? What other information would you like to have to make this decision?Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital expenditures of $112,900, cash dividends of $35,800, and average maturities of long-term debt over the next 5 years of $122,300. What is Chasses free cash flow and cash flow adequacy ratio? a. $94,300 and 0.77, respectively c. $130,100 and 1.06, respectively b. $94,300 and 0.82, respectively d. $165,900 and 1.36, respectively
- If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000Angela Corporation has the following selected assets and liabilities: Given the said data, determine the company’s net working capital. (check the photo) Choose the letter of correct answer a. P35,000.00b. P39,000.00c. P33,000.00d. P72,000.00e. P52,000.00The financial statements of TVS Motors report the following information (all values are in millions). PBDIT: Rs. 8020, PBIT: Rs. 6100 and PBT: Rs. 5650. Total Assets: Rs. 29010, Current liabilities: Rs. 18850 and non-current liabilities: Rs. 9240. The return on capital employed (ROCE) is equal to??
- Sterling had assets and liabilities as follows: Cash $25,000Accounts Receivable $40,000Inventory $62,500Building (net of accum. deprec.) $90,000Goodwill $65,000Accounts Payable $55,500Accrued Expenses $12,500Bond Payable (Due in 15 yrs) $90,000 Calculate working capital, and current and quick ratiosThe following balances were extracted from the books of Billion Precision for the year ended 31 December 2020. Dr(RM) Cr(RM) Land 500,000 Building 200,000 Motor vehicles 120,00 Plant and machinery 70,000 Profit b/f as at 01.01.2020 237,650 Capital 438,000 Acc depreciation as at 1.1.2020 - Building 60,000 - Motor Vehicles 69,250 - Plant & Machinery 40,000 Returns 3,600 4,100 Revenue 800,000 Purchases 400,000…The following balances were extracted from the books of Billion Precision for the year ended 31 December 2020. Dr (RM) Cr (RM) Land 500,000 Building 200,000 Motor vehicles 120,000 Plant and machinery 70,000 Profit b/f as at 01.01.2020 237,650 Capital 438,000 Acc depreciation as at 1.1.2020 : -Building 60,000 -Motor Vehicles 69,250 -Plant & Machinery 40,000 Returns…
- Refer to the following financial information of Scholz Company: NOPAT 8,250,000 FBITDA 17,725,000 Net Income 5,050,000 Capital Expenditures 6,820,000 After tax capital costs 6,280,000 Tax rate 40% 1.Calculate the Company's depreciation and amortization expense 2. Refer to Scholz Company, calculate its interest expense. Use 2 decimal places for your final answer. 3. Refer to Scholz Company, calculate its EVA. Use 2 decimal places for your final answerPrezas Company's balance sheet showed total current assets of $3,250, all of which were required in operations. Its current liabilities consisted of 5975 of accounts payable. What was its working capital? options: $1,701 $2,309 $2,275 $1,620Accounts payable $ 40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital? Group of answer choices
