Korean Industries has total liabilities of $25,800 and stockholders' equity of $34,500. What is the value of its total assets?
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- What is the firm's net incomeThickburger's net fixed assets = $200,000, total assets = $400,000, inventory =$50,000 and current liabilities = $100,000. All assets are classified as beingeither "current assets" or "fixed assets". What is the firm's current ratio?b. What is Thickburger's quick ratio?Consider the following data for the firms Acme and Apex: Equity ($ million) Debt ($ million) ROC Cost of Capital Acme 290 145 17% 9% Apex 1,450 483 15% 10% a. Calculate the economic value added for Acme and Apex (round to 2 decimal places). Economic value added for Acme $? million Economic value added for Apex $? million b. Calculate the economic value added per dollar of invested capital for Acme and Apex (round to 2 decimal places)? Economic value added for Acme per dollar Economic value added for Apex per dollar
- Carter Corporate has current assets of $120 million and inventory equal to $30 million. If Carter’s current liabilities are $100 million. What will the current ratio be?Answer?U.S. Steal has the following income statement data: UnitsSold TotalVariableCosts FixedCosts TotalCosts TotalRevenue OperatingIncome(Loss) 100,000 $ 300,000 $ 90,000 $ 390,000 $ 600,000 $ 210,000 120,000 360,000 90,000 450,000 720,000 270,000 The top row of the table has the beginning values and the bottom row of the table has the ending values. a. Compute the degree of operating leverage (DOL) based on the formula below. (Do not round intermediate calculations. Round your final answer to 2 decimal places. Calculate Degree of Operating levarege? b. Recompute DOL using the formula given below. There may be a slight difference due to rounding. (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Calculate Degree of Operating levarege?
- What is the common size percentage for the net fixed assets?Use the following data to compute each firm's net profit margin, total asset turnover, equity multiplier, and return on equity. (Note: The following dollar values are expressed in millions of U.S. dollars.) Common Equity $8,700 $10,636 $1,563 $28,141 B $5,641 $2,431 $18,158 $180 C $28,199 $10,669 $9,516 $1,496 Firm A Total Assets Net Sales Income Net Profit Margin 14.70% 0.99% Total Asset Turnover 3.22x 0.34x Referring to this data, which of the following conclusions is true about the companies' ROES? Equity Multiplier 3.23 2.64 Return on Equity Firm A's equity multiplier indicates that it has the lowest debt ratio of the three firms. Compared to firms B and C, company A's exceptional ROE performance appears to result from its superior efficiency in using its asset base and its heavily leveraged capital structure. Compared to firms B and C, company A does the best job of containing its costs and managing its tax obligations. Compared to companies A and C, company B uses more financial…A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total of its current assets?
- Ace Industries has current assets equal to $3 million. The company’s current ratio is 1.5, and its quick ratio is 1.0. What is the firm’s level of currentliabilities? What is the firm’s level of inventories?Wainscot Industries has $50.850 of working capital, $36,320 of current liabilities, and $116,880 of long-term debt. If Wainscot's debt-to-equity ratio is 0.40, what is the total amount of Wainscot's non-current assets? O $383,000 O $485.350 O $449,030 O $358,230 O None of the aboveIn 1995, Ajax Manufacturing's German subsidiary has the following balance sheet:Cash, marketablesecuritiesAccounts receivableInventory (at market.Fixed AssetsTotal assetsDM 250,0001,000,0002,700,0005,100,000-----------------DM 9,050,000Current liabilitiesLong-term debtEquityTotal liabilitiesplus equityDM 750,0003,400,0004,900,000---------------DM 9,050,000Suppose the DM appreciates from $0.70 to $0.76 during the period.10.16 Under the current/noncurrent method, what is Ajax's translation gain (loss).?a) a gain of $294,000b) a gain of $192,000c) a loss of $174,000d) a loss of $12,000
