None A firm has inventory of $11,400, accountspayable of $9,800, cash of $850, net fixedassets of $12,150, long-term debt of $9,500,accounts receivable of $6,600, and totalequity of $11,700. What is the common-sizepercentage for the net fixed assets?a) 26.67 percent.b) 48.75 percent.c) 39.19 percent.d) 42.08 percent.

Step 1: Define Fixed AssetsFixed assets are balance-sheet sub-components that are normally…

Answered: A firm has inventory of $11,400,…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

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Chapter12: Current Liabilities

Section: Chapter Questions

Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...

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A firm has inventory of $11, 400, accounts payable of $9, 800, cash of $850, net fixed assets of $12, 150, long-term debt of $9,500, accounts receivable of $6, 600, and total equity of $11, 700. What is the common-size percentage for the net fixed assets? a) 26.67 percent. b) 48.75 percent. c) 39.19 percent. d) 42.08 percent.
A firm has inventory of $12,600, accounts payable of $11,900, cash of $990, net fixed assets of $13,400, long-term debt of $11,900, accounts receivable of $6,600, and total equity of $12,300. What is the common-size percentage for the net fixed assets? What is the answer?
A firm has inventory of $12,600, accounts payable of $11,900, cash of $990, net fixed assets of $13,400, long-term debt of $11,900, accounts receivable of $6,600, and total equity of $12,300. What is the common-size percentage for the net fixed assets?
What are the annual sales for a firm with $805,853 in total liabilities, a total debt ratio of 0.84, and an asset turnover of 1.5? Numeric Response
Calculate ‘Total Assets to Debt ratio’ from the following information : Equity Share Capital 4,00,000 Long Term Borrowings 1,80,000 Surplus i.e. Balance in statement of Profit and Loss 1,00,000 General Reserve 70,000 Current Liabilities 30,000 Long Term Provisions 1,20,000
A firm has net working capital of $25,089. Long-term debt is $106,286.6, total assets are $151,838, and net fixed assets are $113,878.5. What is the amount of the total liabilities? O 134,340.90 -134,340.90 119,157.10 O 37,959.50 O 144,246.10
Total assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare $2.5 million and total liabilities are $6.5 million. The current ratio would be closest to:a. 1.6.b. 1.8.c. 3.2.d. 4.8.
7. New World has total assets of $31,300, long-term debt of $8,600, net fixed assets of $20,300, and owners' equity of $21,100. What is the value of the net working capital?
A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equity is $511,640. What is the amount of the net income?
Suppose a firm has the following information: Operatingcurrent assets = $2.7 million; operating current liabilities =$1.5 million; long-term bonds = $3 million; net plant andequipment = $7.8 million; and other long-term operating assets =$1 million. How much is tied up in net operating workingcapital (NOWC)? ($1.2 million) How much is tied up in total netoperating capital? ($10 million)
Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory =$50,000 and current liabilities = $100,000. All assets are classified as beingeither "current assets" or "fixed assets". What is the firm's current ratio?b. What is Thickburger's quick ratio?
The lawrence company has a ratio of long term debt to long term debt plus equity of .25 and a current ratio of 1.5. current liabilities are 900, sales are 6230 , profit margin is 8.1 percent what is the amount of the firms net fixt assets ?

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