Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 39,000 solaris, debt in the amount of 11,000 solaris, and equity of 28,000 solaris. a. If the current exchange ratio is 1.50 solaris per dollar, what does the balance sheet look like in dollars? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Assets Assets Balance Sheet Liabilities Debt Equity Total liabilities & equity

Atreides International has operations in Arrakis. The balance sheet for this division in Arrakeen solaris shows assets of 39,000 solaris, debt in the amount of 11,000 solaris, and equity of 28,000 solaris. a. If the current exchange ratio is 1.50 solaris per dollar, what does the balance sheet look like in dollars? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Assets Assets Balance Sheet Liabilities Debt Equity Total liabilities & equity

Name: c. Assume that one year from now the balance sheet in solaris is exac
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Description: c. Assume that one year from now the balance sheet in solaris is exactly the same as at the beginning of the year. If the exchangerate is 1.41 solaris per dollar, what does the balance sheet look like in dollars now?Note: Do not round intermediate c

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Blue Birds Inc., has a working capital of $1,410, current liabilities of $4,220, and inventory of $2,400. What is the quick ratio? Round it to two decimal places.
On Dec 31, the company has $30.000 on hand; Cash($) account has a balance of 45.000 TL and exchange rate is 1,25 TL/$. Which entry is made on Dec 31? a.7.500 debit to 100-Cash($) and credit to 646-Forex Gain b.7.500 debit to 100-Cash($) and credit to 656-Forex Loss c.37.500 debit to 100-Cash($) and credit to 646-Forex Gain d.7.500 debit to 656-Forex Loss and credit to 100-Cash($)
Payton Company has the following segment revenues for the two most recent fiscal years. Segment Current Year (in millions) Prior Year (in millions) China $770 $650 Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 Prepare a vertical analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. Payton Company Vertical Analysis Current Year Prior Year Current Year Percent Prior Year Segment Amount Amount Percent (in millions) (in millions) China $770 $650 % Canada 326 240 Other countries 212 168 Total revenues $1,308 $1,058 Previous Next
Falcon Corporation originally has current assets of $400 and current liabilities of $275. It purchases $108 of inventory with short-term accounts payable. What is its new current ratio? (Round to two decimal places.) O 1.45 None of these is correct. O 1.69 O 1.33
Jonah's Fishery has EBITDA of $95 million. Jonah's has market value of equity and debt of $613 million and $70 million, respectively. Jonah's has cash on the balance sheet of $49 million. What is Jonah's EV ratio? (Round your answer to 2 decimal places.) EV ratio
SDJ, Inc., has net working capital of $4000, current liabilities of $6500, and inventory of $5,700. What is the quick ratio? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)
The Lancaster Corporation's income statement is given below. Sales Cost of goods sold Gross profit Fixed charges (other than interest) Income before interest and taxes Interest Income before taxes Taxes (35%) Income after taxes LANCASTER CORPORATION a. What is the times-interest-earned ratio? Note: Round your answer to 2 decimal places. Times interest earned Fixed charge coverage times b. What would be the fixed-charge-coverage ratio? Note: Round your answer to 2 decimal places. times $ 223,000 155,000 $ 68,000 33,100 $ 34,900 13,400 $ 21,500 7,525 $ 13,975
The current asset of Jackie Inc. comprises only of cash, accounts receivables, and inventory. The firm has a current ratio of 2, and a quick ratio of 1.8. The total liabilities of the company are P40,000 on which 50% is current. How much is the cash of Bulldogs Inc. if the accounts receivable balance shows a balance of P56,000?
Payton Company has the following segment revenues for the two most recent years. Segment United States Canada Other countries Total revenues Prepare a horizontal analysis of the segment data. Calculate the percentage to four decimal places, then round your answer to one decimal place. For amount or percentage decreases, enter a minus sign. Segment United States Canada Other countries Current Year (in millions) Prior Year (in millions) $835 $635 328 348 214 163 $1,377 $1,146 Total revenues Payton Company Horizontal Analysis Current Year Prior Year Amount Increase Percent Increase (in millions) (in millions) (Decrease) $835 $635 $ 328 348 214 163 $1,377 $1,146 (Decrease) %
I followed the formulas per my textbook and cannot figure these practice questions out. Can you help me figure out what I am doing wrong?

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