Answered: End balances of the following:…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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help me answer these pleaseeee 6. The balance sheet showed the following: Total current assets $3,250, accounts payable $470, 8% notes payable $260, and accrued wages of $180. Calculate the net operating working capital. 7. The financial statements showed the following: Operating income $2,750,000, Depreciation $1,350,000, Expenditures on fixed assets and net operating working capital $860,000. Tax rate is 35%. Compute for the free cash flow.
NC.OMB Summ ARY 0 5000 75,000 From the information above- determine income or loss amount. To answer if income, amount and capital C. Example 100000C To answer if loss, amount and capital L. Example- 100000L
If the fixed assets 9 250 ID ,-3 Current assets 11 600 ID , short term liabilities 2 04O ID , Long term liabilities 5 40O ID , the capital in 31/12 (.. .) are 13 410 ID. 14 310 ID. O 12 210 ID. O
Given : Total Assets :120.000,Long Term Liabilities : 20.000,Current Assets :80.000, and,Current Liabilities : 60.000Net Profits : 24.000Choose the incorrect Answera) Total Liabilities / Total Sources : 0,67b) Total Debt / Equity :1c) Current Ratio: 1,33d) Return on assets : 0,20
If current assets are $20,000 and total assets are $187,000, what percentage of total assets are current assets? (Answer as a percentage to 1 decimal point with no % sign needed, e.g. xx.x or 12.3)
If the annual deposit into depletion reserve is $ 1000 and annual interest on capital investment is $ 125, then find annual net income- -- Select one: O a. $ 1125 b. $ 875 c. $ 1025 d. $ 975
10. At the beginning of the year, an Entity had total assets of P700,000 and total liabilities of P500,000. If the total assets increased to P850,000 during the year and the total liabilities decreased to P400,000, what is the amount of owner's equity at the end of the year? O A. P1,250,000 O B. P810,000 C. P450,000 O D. P200,000 O O O O
If current assets are $112,000 and current liabilities are $56,000, what is the current ratio? A. 200 percent B. 50 percent C. 2.0 D. $50,000
A. P5,200,000 B. P7,200,000 C. P7,700,000 D. P8,500,000 E. answer not given
XYZ Co its selected financial statements items are given as following. Total net sales equals to 550.000 TL, COGS equals to 300.000 TL, operating expenses equals to 100.000 TL, interest expenses equals to 50.000 TL, 4 - tax expenses 20.000 TL, total depreciation & amortization expenses equals to 40.000 TL. Calculate the EBITDA of the company for the year 2020. a) O 80.000 TL 01383 b) O 150.000 TL c) O 190.000 TL d) O 110.000 TL
Sexton Company uses an Excel spreadsheet to track its account balances. When the company applies overhead to production for the month of May, how will the company’s account balances be affected on that spreadsheet? multiple choice Accounts Payable will increase. Work in Process will increase. Manufacturing Overhead will increase. Retained Earnings will decrease.
Ef 292.

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End balances of the following: Assets-P1,000,000; Equity P800,000; Revenue-P500,000; Expenses - P200,00. Liabilities are? Ca A. P 300,000 B. P 200,000 C. P1,100,000 D. P 100,000