General Accounting Lemmon Inc. lists fixed assets of $100 on its balancesheet. The firm's fixed assets have recently beenappraised at $140. The firm's balance sheet alsolists current assets at $15. Current assets wereappraised at $16.5. Current liabilities book andmarket values stand at $12 and the firm's long-termdebt is $40. Calculate the market value of the firm'sstockholder's equity.a. $104.50b. $144.50c. $112.50d. $156.5

Step 1: Define Accounting EquationAn accounting equation serves as the basis to determine a…

Answered: Lemmon Inc. lists fixed assets of $100…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hello! look at the attached images and answer: (a) Calculate ratios for the year ended 31 December 2021 (showing your workings) for Primrose Plc, equivalent to those provided above. i. Return on year-end capital employed ii. Net asset turnover iii. Gross profit margin iv. Net profit margin v. Current ratio vi. Closing inventory holding period vii. Trade receivables’ collection period viii. Trade payables’ payment period ix. Dividend yield x. Dividend cover (b) Analyse the financial performance and position of Primrose Plc for the year ended 31 December 2021 compared to 31 December 2020. (c) Explain the uses and the general limitations of ratio analysis. Thanks a lot!
Scare Train, Inc. has the following balance sheet statement items: current liabilities of $779,470; net fixed and other assets of $1,329,896; total assets of $3,237,746; and long-term debt of $621,991. What is the amount of the firm's net working capital?
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