Coastal's balance sheet for a recent year revealed the following information Current assets Noncurrent assets Noncurrent liabilities $ 820,000 550,000 320,000 480,000 Stockholders' equity Required: Determine the amount of working capital reported in the balance sheet. Working capital
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- Use the following balance sheet data to compute the net operating working capital. Cash Accounts Receivable Inventory Current Assets Net fixed assets Total assets $60 160 200 $420 $700 $1,120 Account payable Accruals Notes payable Current liabilities Long-term debt Common equity Retained earnings Total liabilities and equity $180 110 200 $490 250 160 220 $1,1208. Using the following Balance Sheet summary information, for the two years presented calculate: A. working capital B. current ratio 12/31/2018 12/31/2019 Current assets $101,600 33,650 $97,350 32,800 Current liabilitiesAccount
- Please SHOw your workAssuming 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 % % %Calculate RETURNED ON INVESTED CAPITAL by referring the pictures of Financial Position and Statement of Profit or Loss given with this question.
- The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash Marketable securities Accounts and notes receivable (net) Inventories Prepaid expenses Total current assets Current liabilities: Accounts and notes payable (short-term) Accrued liabilities Total current liabilities 1. Working capital 2. Current ratio $310,100 359,000 146,900 570,200 293,800 $1,680,000 3. Quick ratio $278,400 201,600 $480,000 a. Determine for each year (1) the working capital, (2) the current ratio, and (3) the quick ratio. Round ratios to one decimal place. Current Year Previous Year $ $252,000 283,500 94,500 358,700 229,300 $1,218,000 $294,000 126,000 $420,000hat is the amount of Target’s total liabilities at the end of FY2023 and FY 2022 (Hint: use the Statement of FinancialPosition)?b. What percentage of Target's assets was being financed withliabilities at the end of FY 2023 and FY 2022 versus thepercentage of assets financed with shareholders' equity (Hint:use the Statement of Financial Position)?c. Comment on the change in total liabilities in $ amounts and asa percentage of total assets between 2022 and 2023. Is this apositive or negative and why?d. What is the amount of debt and interest rate for Target’slongest term debt Due 2049-2053 as of the end of FY 2023(Hint: use the chart in the Long Term Debt footnote 16)?e. Target reported Accrued and Other Current Liabilities of $6,090 as of the end of FY 2023. What was the largestFollowing are the current asset and current liability sections of the balance sheets for Freedom Incorporated at January 31, 2023 and 2022 (in millions): Current Assets Cash Accounts receivable Inventories Total current assets Current Liabilities Note payable Accounts payable Other accrued liabilities Total current liabilities Req A January 31, 2023 $12 8 7 $ 27 Req B and C Working capital Current ratio 4 3 $ 11 January 31, 2022 Required: a. Calculate the working capital and current ratio at each balance sheet date. b. Evaluate the firm's liquidity at each balance sheet date. c. Assume that the firm operated at a loss during the year ended January 31, 2023. How could cash have increased during the year? $ 9 11 11 $ 31 Complete this question by entering your answers in the tabs below. 1 3 01/31/2023 01/31/2022 $8 Calculate the working capital and current ratio at each balance sheet date. Note: Enter "Working capital" in millions of dollars (i.e., 10,000,000 should be entered as 10).…
- Is the working capital $203,454, $1,026,172 or $137,053?Assume that the Current Assets for Rain Co. as of Decebmer 31, 20Y8, are listed below. A. Assume further that the total Current Liabilites on the same date are $75,000. What is the amount of the working capital for Rain Co. on December 31, 20Y8? B. Assume further that the total Current Liabilites on the same date are $75,000. What is the amount of the working capital for Rain Co. on December 31, 20Y8? ASSETS Current assets: Cash $ 17,500 Temporary Investments 15,000 Accounts Receivable (net) 42,500 Inventories 72,000 Prepaid Expenses 3,000 Total current assets $150,000Assume an investee has the following financial statement information for the three years ending December 31, 2013: (At December 31) 2011 2012 2013 Current assets Tangible fixed assets $310,500 844,500 75,000 $416,550 $428,205 861,450 992,595 67,500 60,000 Intangible assets Total assets $1,230,000 $1,345,500 $1,480,800 $150,000 $165,000 $181,500 Current liabilities Noncurrent liabilities Common stock 330,000 363,000 399,300 150,000 150,000 150,000 150,000 150,000 150,000 Additional paid-in capital Retained earnings 450,000 517,500 600,000 Total liabilities and equity $1,230,000 $1,345,500 $1,480,800 (At December 31) 2011 Revenues Expenses Net income Dividends 2012 2013 $1,275,000 $1,380,000 $1,455,000 1,162,500 1,260,000 1,314,000 $112,500 $120,000 $141,000 $37,500 $52,500 $58,500 Review of pre-consolidation cost method (controlling investment in affiliate, fair value equals book value) Assume that on January 1, 2011, an investor company purchased 100% of the outstanding voting common…
