Preview File Edit ViewVmgt120h-j17.pdfPage 8 of 10Go ToolsUWindowHelp₁Vd. Company D has revenue of $783,000 and net income of $21,000 after income taxexpense of $17,000. What do its other expenses total?●For this year, Company E has net income of $43,000 and declared a dividend of$11,000. The company's beginning retained earnings totalled $217,000. At theend of the year, the company had current assets of $387,000, noncurrent assets of$414,000, current liabilities of $205,000, and share capital of $181,000. Thecompany decides to borrow a long-term loan (long-term bond) for cash in order toraise its working capital to $250,000. Working capital is current assets minuscurrent liabilities. Currently, working capital is $182,000 ($387,000 - 205,000). Ifit does so, what will the total noncurrent liabilities be?Search((.Ơ០១Sat Apr 15 2:58 PM

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Answered: d. Company D has revenue of $783,000…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Giglio Inc. has the following information for the previous year: Net income = $400; Net operating profit after taxes (NOPAT) = $500; Total assets = $2,000; and Total operating capital = $1,600. The information for the current year is: Net income = $800; Net operating profit after taxes (NOPAT) = $800; Total assets = $2,300; and Total operating capital = $2,000. What is the free cash flow for the current year? If negative, use the negative sign instead of parentheses, e.g. -130.
Question 3 of 5 The comparative unclassified statement of financial position for Ivanhoe Ltd. follows: Assets Cash IVANHOE LTD. Statement of Financial Position December 31 Accounts receivable Inventory Estimated inventory returns Long-term investments Equipment Accumulated depreciation Total assets Liabilities and Shareholders' Equity Accounts payable Refund liability Bank loan payable (noncurrent) Common shares Retained earnings Total liabilities and shareholders' equity 2021 $58,000 83,000 176,000 5,000 73,000 260,000 (79,000 ) $576,000 $26,000 9,000 107,000 217.000 217,000 $576,000 2020 $23,000 73,500 186,000 3,000 130,000 160,000 (38,000) $537,500 $42.000 6,000 185,500 174,000 130,000 $537,500
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1
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Webby Corporation reported the following amounts on its income statement: service revenues, S32,500; utilities expense, $300; net income, $1,600; and income tax expense, $900. If the only other amount reported on the income statement was for selling expenses, what amount would it be? a. $2,200 c. $30,000 b. $29,700 d. $30,900
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d. Company D has revenue of $783,000 and net income of $21,000 after income tax expense of $17,000. What do its other expenses total?