If total assets equal $336,000 and total owners' equity equals $115,500, then total liabilities must equal: A. $451,500 B. $220,500 C. Cannot be determined from the information given D. $115,500
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- If the value of liabilities is 80000 OMR and owner's equity is 30000 OMR. Calculate the amount of Assets? Select one: a. 110000 OMR b. 100000 OMR c. 90000 OMR d. 10000 OMRIf the difference between current assets and current liabilities is 84.2, bill payable 183, creditors 30, prepaid expenses 10, then what is the total current assets? Select one: O a. 223.00 O b. All the given choices are not correct O c. 114.20 O d. 307.20 O e. 297.20H1. Question 4. Calculate the Current assets from the following: Current liabilities $35978, Current ratio 3. a $11992.70 b $11900 c $107934
- Compute the net substantial replacement value: a. P4,200 b. P3,600 c. P3,000 d. P5,400If the company's assets in TL: cash 100.000, accounts receivable 50.000, inventory 150.000, and building 200.000 (market value 300.000) and the liabilities 300.000. How much is the net assets under recorded value approach? Select one: a. 300.000 b. 400.000 c. 200.000 d. 600.000The formula for current ratio is Select one: a. Current Assets plus current liablities b. Current assets less current liablities c. Current assets divided by current liablities d. Current assets divided by current liablities x 100
- If assets are $112.000 and liabilities are $38,500, then equity equals: Multiple Cholce $38,500. $73,500. 112,000. $150,500. $262.500.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. $50,000Calculate the following for Co. XYZ: a. Current ratio b. Debt ratio Assets: Cash and marketable securities $400,000 Accounts receivable 1,415,000 Inventories 1,847,500 Prepaid expenses 24,000 Total current assets $3,686,500 Fixed assets 2,800,000 Less: accumulated depreciation 1,087,500 Net fixed assets $1,712,500 Total assets $5,399,000 Liabilities: Accounts payable $600,000 Notes payable 875,000 Accrued taxes Total current liabilities $1,567,000 Long-term debt 900,000 Owner's equity Total liabilities and owner's equity Co. XYZ Income Statement: Net sales (all credit) $6,375,000 Less: Cost of goods sold 4,375,000 Selling and administrative expense 1,000,500 Depreciation expense 135,000 Interest expense Earnings before taxes $765,000 Income taxes Net income Common stock dividends $230,000 Change in retained earnings
- So If equity is $310.000 and liabilities are $193.000, then assets equal: Multiple Cholce $117,000. $193,000. $310,000. $503,000. $813,000.Given the following balance sheet data, calculate net working capital: cash = OMR25, accounts receivable %3D = OMR80, inventory = OMR120, %3D net fixed assets = OMR400, %3D accounts payable = OMR15, short- %3DAssume XYZ total assets $1,000,000 and net fixed $600,000. But current liabilities $200,000. Calculate the company current ratio? a. 4x O b. 2x c. 1.5x d. 3x