Cori's Corporation, has a book value of equity of $13,185. Long-term debt is $7,475. Net working capital, other than cash, is $1,915. Fixed assets are $17,940 and current liabilities are $1,625. a. How much cash does the company have? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. What is the value of the current assets? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Cash b. Current assets

Cori's Corporation, has a book value of equity of $13,185. Long-term debt is $7,475. Net working capital, other than cash, is $1,915. Fixed assets are $17,940 and current liabilities are $1,625. a. How much cash does the company have? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. What is the value of the current assets? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. a. Cash b. Current assets

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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Cottler Ltd. has current. assets equal to $4.5 million. The company's current ratio is 1.25, and its quick ratio is 0.75. What is the firm's level of current liabilities in millions a. $3.6 b. $0.18 c. $2.4 d. $2.9
a company has current assets of $87,000 (of which $43,000 is inventory and prepaid items) and current liabilities of $43,000. What is the current ratio? What is the acid-test ratio? If the company borrows $14,000 cash from a bank on a 120-day loan, what will its current ratio be? What will the acid-test ratio be? Current Ratio enter the ratio rounded to 2 decimal places :1 Acid Test Ratio enter the ratio rounded to 2 decimal places :1 New Current Ratio enter the ratio rounded to 2 decimal places :1 New Acid Test Ratio enter the ratio rounded to 2 decimal places :1
The Stancil Corporation provided the following current information: Proceeds from long - term borrowing $ 13, 800 Proceeds from the sale of common stock 5, 000 Purchases of fixed assets 27,500 Purchases of inventories 2, 600 Payment of dividends 13, 800 Determine the total cash flows spent on fixed assets and NWC, and determine the cash flows to investors of the firm. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations.)
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Easter Egg and Poultry Company has $1,700,000 in assets and $681,000 of debt. It reports net income of $148,000. a. What is the firm's return on assets? Note: Enter your answer as a percent rounded to 2 decimal places. Return on assets b. What is its return on stockholders' equity? Note: Enter your answer as a percent rounded to 2 decimal places. Return on equity ......... Profit margin % c. If the firm has an asset turnover ratio of 1 times, what is the profit margin (return on sales)? Note: Enter your answer as a percent rounded to 2 decimal places. % %
Presented below is information available for Marley Company. Current Assets Cash $ 4,000 Short-term investments 55,000 Accounts receivable 51,000 Inventory 110,000 Prepaid expenses 30,000 Total current assets $250,000 Total current liabilities are $100,000. The acid-test ratio for Marley is: 2.20 to 1 2.50 to 1 1.30 to 1 1.10 to 1
Bear Tracks, Inc., has current assets of $6,320, net fixed assets of $12,750, current liabilities of $1,425, and long-term debt of $7,130. What is the value of the shareholders’ equity account for this firm? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
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Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $21 million in long-term debt. What is the debt ratio? Do not round intermediate calculations. Round your answer to the nearest whole number.
Challenge Industries has total assets of $122,200. If their total liabilities are $103,200, find the debt-to-equity ratio. (Round to the nearest hundredth and enter the complete ratio. Do not enter spaces. Example: enter '0.93:1')
The Mikado Company has a long-term debt ratio (i.e., the ratio of long-term debt to long-term debt plus equity) of 47 and a current ratio of 1.36. Current liabilities are $2,440, sales are $10,600, profit margin is 12 percent, and ROE is 17 percent. What is the amount of the firm's net fixed assets? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Net fixed assets
Nakamura, Incorporated, has a total debt ratio of .57, total debt of $317,000, and net income of $38,750. What is the company’s return on equity? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

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