What is the current liabilities on this financial accounting question? If the current assets and working capital of a concern are Rs. 80,000 and Rs. 50,000respectively then current liabilities will be:a. Rs. 1,00,000.b. Rs. 70,000.c. Rs. 1,30,000.d. Rs. 30,000.

Step 1: Define Working CapitalThe working capital of a firm gives an estimate of the net funds…

Answered: If the current assets and working…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

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Chapter5: Completing The Accounting Cycle

Section: Chapter Questions

Problem 16MC: If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A....

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Information on four investment proposals is given below:Investment ProposalA B C DInvestment required ........................ $(90,000) $(100,000) $(70,000) $(120,000)Present value of cash inflows ......... 126,000 138,000 105,000 160,000Net present value ............................ $ 36,000 $ 38,000 $ 35,000 $ 40,000Life of the project ............................ 5 years 7 years 6 years 6 yearsRequired:1. Compute the project profitability index for each investment proposal.2. Rank the proposals in terms of preference.
If current assets are $100,000 and current liabilities are $42,000, what is the working capital? A. 200 percent B. 50 percent C. 2.0 D. $58,000
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Mondesto Company has the following debts: Unsecured creditors . . . . . . . $230,000Liabilities with priority . . . . . 110,000Secured liabilities:Debt 1, $210,000; value of pledged asset . . . . . . . . . . . . . . . . . . . . 180,000Debt 2, $170,000; value of pledged asset . . . . . . . . . . . . . . . . . . . . 100,000Debt 3, $120,000; value of pledged asset . . . . . . . . . . . . . . . . . . . . 140,000 The company also has a number of other assets that are not pledged in any way. The creditors holding Debt 2 want to receive at least $142,000. For how much do these free assets have to be sold so that the creditors associated with Debt 2 will receive exactly $142,000?
Working Capital and Current Ratio Current assets and current liabilities for Konex Properties Company follow: 20Y9 20Υ8 Current assets $2,042,400 $1,759,500 Current liabilities 1,380,000 1,150,000 a. Determine the working capital and current ratio for 20Y9 and 20Y8. If required, round "current ratio" answers to two decimal places. 20Y9 20Υ8 Working capital Current ratio b. Is the change in the current ratio from 20Y8 to 20Y9 favorable or unfavorable? Unfavorablev Feedbock Chock My Work a. Remember that current assets are compared to current liabilities to see if current obligations can be paid off with current resources. This is expressed by a dollar a b. Increases are considered favorable and decreases are considered unfavorable.
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If the current assets and working capital of a concern are Rs. 80,000 and Rs. 50,000 respectively then current liabilities will be: a. Rs. 1,00,000. b. Rs. 70,000. c. Rs. 1,30,000. d. Rs. 30,000.