If assets are $300,000 and liabilities are $192,000, then equity equals:
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- If current assets are P90,000 and total assets are P270,000, what percentage of total assetsare current assets?ACCOUNTING ASAP Assume the following data: EBIT = 100; Depreciation = 40; Interest = 20; Dividends = 10. Calculate the cash coverage ratio. Select one: a. 7.0x b. 4.7x c. 14.0x d. 5.0xIf current assets are $112,000 and current liabilities are $56,000, what is the current ratio?A. 200 percentB. 50 percentC. 2.0D. $50,000
- Thickburger's net fixed assets = $200,000, total assets = $400,000, inventory =$50,000 and current liabilities = $100,000. All assets are classified as beingeither "current assets" or "fixed assets". What is the firm's current ratio?b. What is Thickburger's quick ratio?Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.001. If total assets is P 50,000 and 2/3 of which is total liabilities, how much is the equity? 2. If total assets is P 87,750 and it is 135% of equity, how much is the total liabilities? 3. If total liabilities is twice the amount of equity and equity is P 46,000, how much is the totalassets? 4. If equity is 4/5 of liabilities and total assets is P 90,000, how much is the total liabilities? 5. If total liabilities is 60% of assets, equity is what percent of liabilities? 6. If total assets is four times the amount of equity, total liabilities is what percent of assets? 7. If loss is P 56,000 and Income is 88,000, how much is the total expenses? 8. If total expenses is 120% of income, and income is P 85,000, how much is the profit or loss? 9. If beginning and ending equity is P 67,000 and P 88,000, respectively, how much is the total expenses if income is P 71,000, assuming there are no other transactions that affected equity? 10. Beginning total assets and total liabilities were P 40,000…
- Total Debt = 800,000; Income before Income Taxes and Interest Expense = 100,000; Total Assets = 1,000,000. How much is the Debt to Total Assets Ratio?Total assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare $2.5 million and total liabilities are $6.5 million. The current ratio would be closest to:a. 1.6.b. 1.8.c. 3.2.d. 4.8.If equity equals $100,000, which of the following is true? A. Assets exceed liabilities by $100,000. B. Liabilities exceed equity by $100,000. C. . D. None of the above is true.