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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- Total assets = $900, fixed assets = $600, long-term debt= $500, and short-term debt = $200. Total debt? A. $500B. $600C. $700D. $800= If Liabilities Equity AED 80,000, then Assets A. AED 210,000 B. AED 90,000 C. AED 150,000 D. AED 160,000If current assets are P90,000 and total assets are P270,000, what percentage of total assetsare current assets?
- Imagine a balance sheet: Current assets = $105, current liabilities = $100, fixed assets = $340, and %3D the owner's equity = $135. What is the value of long term debt if it is the only other item on the %3D balance sheet? O $210 O $235 O $445 O $105 O $205What is the amount of the net fixed assets on these general accounting question?If assets are $328,000 and liabilities are $189,000, then equity equals: O Multiple Choice $328,000. $139,000. $517,000. $845,000. $189,000.
- Southern Style Realty has total assets of S485, 390, net fixed assets of $250,000, current liabilities of S 23,456, and long-term liabilities of $148.000. What is the total debt ratio? Multiple Choice .30.35.69.53.68.Which statement is correct? O A. current ratio 1.00 D. gross margin > net marginIs the balance column for profit and loss (capital equity) a CR or DR?
- Exercise n°6. Consider this simplified balance sheet for Geomorph Trading: Current liabilities Long-term debt Other liabilities Equity Current assets $ 100 $ 60 Long-term assets 500 280 70 190 $ 600 $ 600 a. Calculate the ratio of debt to equity. (Round your answer to 2 decimal places.) b-1. What are Geomorph's net working capital and total long- term capital? b-2. Calculate the ratio of debt to total long-term capital. (Round your answer to 2 decimal places.) Exercise n°7. Magic Flutes has total receivables of $3,000, which represent 20 days' sales. Total assets are $75,000. The firm's operating profit margin is 5%. Assume a 365-day year. 3/4 a. What is the firm's sales-to-assets ratio? (Round your answer to 2 decimal places.) b. What is the firm's return on assets? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Exercise n°8. a. If a firm's assets of $10,000 represent 200 days' sales, what is its annual sales? Assume a 365-day…solve this accounting questionsIf equity is $420,000 and liabilities are $200,000, then assets equal: Multiple Choice $420,000. $620,000. $200,000. $220,000. $1,040,000.