A company had total liabilities of $11,200,000 and total stockholder's equity of $3,600,000. Using the accounting equation, how much were total assets? a. $19,200,000 b. $3,600,000 c. $11,200,000 d. $3,600,000 e. $14,800,000
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A company had total liabilities of $11,200,000 and total
$19,200,000
$3,600,000
$11,200,000
$3,600,000
$14,800,000
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- You find the following financial information about a company: net working capital = $7, 809; total assets $11,942; and long-term debt Multiple Choice $9, 115 $4, 507 $10, 339 $6, 129 $4, 133 = = = $1, 287; fixed assets $4,589. What is the company's total equity?The Dinmore Company has total assets of $6.4 million, currentassets of $2.3 million, current liabilities of $2.5 million andtotal liabilities of $4.2 million.1.What is the amount of the stockholders’ equity?2.What is the amount of the net working capital?3.What is the amount of the long term assets?4.What is the amount of the long term debt?Answers onAssuming that total assets were $8,037,000 at the beginning of the current fiscal year, determine the following: When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity % % %
- You find the following financial information about a company: net working capital = $1,071; fixed assets $7,297; total assets = $11,686; and long-term debt = $4,381. What is the company's total equity? Multiple Choice $3,987 $8,539 $4,389 $6,457 $9,387Given the following information, what is the ratio of liabilities to stockholders' equity? Fixed assets (net) at year-end $400,000 Average fixed assets 450,000 Total assets 500,000 Long-term liabilities 300,000 Total liabilities 350,000 Total stockholders' equity 250,000 Total liabilities and stockholders' equity 500,000 Interest expense 5,000 Income before income tax 150,000 Net income 100,000 O a. 0.7 O b. 1.2 O c. 1.4 O d. 0.6A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 41,000 56,000 61,000 146,000 $ 304,000 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity $ 76,000 31,000 101,000 96,000 $ 304,000
- The following items are reported on a company's balance sheet: Cash $112,300 Marketable securities 131,400 Accounts receivable (net) 45,200 Inventory 170,000 Accounts payable 270,000. Determine the current ratio ?A firm has total debt of $1,850 and a debt-equity ratio of 0.64. What is the value of the total assets? O a. $1,128.05 O b. $1,184.00 O c. $2,571.95 d. $3,034.00 e. $4,740.63A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary) Cash $ 20 Accounts payable $ 60 Short-term investments 30 Accruals 50 Accounts receivable 50 Notes payable 10 Inventory 80 Current liabilities xxx Current assets xxx Long-term debt 70 Net fixed assets 100 Common equity 30 Retained earnings xx Total assets $xxx Total liab. & equity $xx
- 22. McLaughlin Corporation's statement of financial position showed the following amounts: current liabilities, $75,000; total liabilities, $100,000; total assets, $200,000. What is the total debt to total assets ratio? a.1 b.2 c.0.50 d.0.875You've collected the following information about a company: Assets Liabilities and Equity Cash 9,000 Accounts payable 17,000 Marketable securities 2,000 Notes payable 6,000 Accounts receivable 5,000 Current liabilities Inventory 36,000 Long-term debt 95,000 Current assets Total liabilities Machines 34,000 Paid-in capital 20,000 Real estate 80,000 Retained earnings Fixed assets Equity Total assets Total liab. & equity What is retained earnings?The following data was obtained from the current financial statements for Kelly Corporation: Net sales..... $30,000 Average total assets.. Cost of goods sold..... Average common stockholders' Net income.... Preferred dividends.. Calculate: 1. Gross Profit Percentage $50,000 $10,500 equity... $35,000 . $4,500 $500 %