The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $690,000, and total common equity of $1.5 million. The firm also has accounts payable and accruals of $100,000 on its balance sheet. What is the company's total debt? Your answer should be between 670,000 and 990,000, rounded to even dollars (although decimal places are okay), with no special characters.
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Debt is the total value owed by a company for a certain period of time (maybe less than or greater than one year). A debt value represents the obligation on the part of the borrower to pay the whole amount within a certain period.
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- NNR Inc.'s balance sheet showed total current assets of $1,812,000 plus $4,379,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $498,000 of accounts payable, $350,000 of 6% short-term notes payable to the bank, and $141,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total investor-provided operating capital? Group of answer choices $5,829,600 $5,552,000 $4,719,200 $4,996,800 $6,107,200The assets of BFIN 200 Ltd. consist exclusively of property, plant and equipment (PPE), and current assets. The firm has total assets of $96,000 and PPE equals $84,000. It has notes payable of $6,400, in addition to long-term debt of $26,000 and total common equity of $60,000. The firm finances its needs with debt and common equity and does not have preferred stock on its balance sheet. Calculate the amount of total liabilities and equity on the firm’s balance sheet. Calculate the balance of current assets on the firm’s balance sheet. Calculate the balance of current liabilities on the firm’s balance sheet. Calculate the amount of accounts payable and accruals on the firm’s balance sheet. Calculate the firm’s net operating working capital.NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $475,000 of accounts payable, $375,000 of 6% short-term notes payable to the bank, and $150,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total operating capital?
- The market value of the equity of Thompson, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation and amortization. What is the enterprise value-EBITDA multiple for this company?The assets of Dallas & Associates consist entirely of current assets and net plant equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.What is the amount of accounts payable and accruals on its balance sheet?The assets of Dallas & Associates consist entirely of current assets and net plant equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $750,000, and total common equity of $1.5 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.What is the balance of current liabilities on the firm's balance sheet?
- The assets of the Dallas Corporation consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable $150,000, long-term debt $750,000 and total common equity $1.5 million. It only finances with debt and common equity, so no preferred stock on the balance sheet. What is the amount of total liabilities and equity that appears on the firm’s balance sheet? What is the balance of current assets on the firm’s balance sheet? What is the balance of current liabilities on the firm’s balance sheet? What is the amount of accounts payable and accruals on its balance sheet? Hint: Consider this as a single line item on the firm’s balance sheet. What is the firm’s net working capital? What is the firm’s net operating capital? What is the explanation for the difference in your answers to parts (e) and (f)?Orlando Landscaping has current assets of $5,100, net fixed assets of $23,000, current liabilities of 4,300 and long-term debt of 7,400. What is the value of the Shareholders equity account for this firm? How much is net working capital? Brighton Electric Inc. has sales of $586,000, cost of $247,000, depreciation expense of $43,000, interest expense of $32,000 and a tax rate of 35%. Suppose the firm paid out $73,000 in cash dividends. What is the addition to retained earnings? Friers Industry Inc. purchased new machinery three years ago for $7 million. The machinery can be sold to Simpson Industries today for $4.9 million. Friers current statement of financial position shows net fixed assets of $3.7 million, current liabilities of $1.1 million, and net working capital of $380,000. If all the current assets were liquidated today, the company would receive $1.6 million cash. What is the book value of Friers’ assets today? What is the market value?The assets of Face&Masks associates consist entirely of current assets and net plant and equipment. The firm has total assets of P2.5 Million, and net plant equipment of P2 Million. It has notes payable of P 150,000, long-term debt of P 750,000, and total common equity of P1.5 Million. The firm does have accounts payable and accruals on its statement of financial position. The firm only finances with debt and common equity, so it has no preferred stock on its statement of financial position. What is the firm's operating working capital?
- BNG Inc. has cash of $16,300, inventory of $56,400, accounts receivable of $128,366, accounts payable $89,690, long-term debt of $288,400, and fixed assets of $386,924. What is the value of the shareholders’ equity account for this firm? A. $389,280 B. $209,900 C. $132,548 D. $177,024Lola Corporation has shareholders' equity of $165,250. The company has a total debt of $154,805, of which 25% is consider current. The company also has net fixed assets of $180,150. What is the company's net working capital?The following items are components of a traditional balance sheet. How much are the total assets of the firm? Plant and equipment $43,800 Common stock 15,000 Cash 5,400 Inventory 23,500 Bad debt reserve 6,000 Additional paid-in capital 6,000 Accumulated depreciation 25,500 Accounts receivable 22,000