North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets 283.50 Sales  1,000.00 Net income 50.00 Current liabilities 105.50 Notes payable to bank 20.00 Current ratio 3.00 DSO 40.55 days ROE 12.00% North Star has no preferred stock—only common equity, current liabilities, and long-term debt. Find North Star’s (9) long-term debt. Do not round intermediate calculations; round final answers to two decimal places.

Q: wing information to answer the question: First National Bank of Beverly Hills (Millions $) Interest…

A: Calculation: Hence, the ALR is 8.70%.

Q: Vigo Vacations has $300 million in total assets, $7 million in notes payable, and $35 million in…

A: Debt ratio: The debt ratio measures the proportion of the asset paid for with debt. It is calculated…

Q: A firm has a long-term debt-equity ratio of 0.4. Shareholders’ equity is $.95 million. Current…

A: Here,Debt Equity Ratio is 0.4Equity is $0.95 millionCurrent Assets is $350,000Current Ratio is 2

Q: Target's financial records show the following (in millions). Current assets $ 90 Total assets 160…

A: A ratio or financial metric that helps to determine the percentage of assets financed or funded by…

Q: Given the following information, compute the current and quick ratios:   Cash $ 90,000 Accounts…

A: Liquidity ratios: Liquidity means that the ability of the business to pay its short term liabilities…

Q: What is the amount of the firm’s net fixed assets?

A: Fixed Assets: These are assets having a life of more than one year. They are purchased for goods and…

Q: The following data apply to Cavendish & Company in ($m)   Cash & Marketable Securities $ 100…

A: a) Accounts receivable / Sales *365=40

Q: Here is a simplified balance sheet for Caterpillar Tractor: Caterpillar Tractor Balance Sheet ($ in…

A: It is given that: Shares outstanding – 660 mil Market price - $86 Book value of the company – 17,535

Q: Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so…

A: Introduction:- Ratio analysis used identify the business performance of the company. It is used to…

Q: Given the following information, compute the current and quick ratios:   Cash $ 120,000 Accounts…

A: current ratio = current assets/ current liabilities                     = (cash +accounts receivable…

Q: Data for Barry Computer Co. and its industry averages follow. The firm's debt is priced at par, so…

A: Ratio analysis is a powerful tool used by businesses, investors, and financial analysts to evaluate…

Q: North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets…

A: Quick Ratio shows the liquidity of the entity to pay off the short term obligations out of quick…

Q: compute the current and quick ratios

A: Liquidity ratio is the ability of the business to pay the amount due as and when they occurs. These…

Q: A firm has a long-term debt-equity ratio of 0.5. Shareholders' equity is $1.04 million. Current…

A: We need to use the following ratios to calculate total debt ratioLong-term debt= Shareholders…

Q: Y3K, Incorporated, has sales of $7,475, total assets of $3,525, and a debt - equity ratio of .34.…

A: We need to use DuPont's formula to calculate net profit marginROE = Net profit margin *Total assets…

Q: Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?…

A: Operating Capital: The capital used in a company's daily operations, calculated as net working…

Q: Resolute Limited reported the following items on their Statement of Financial Position: Prepaid…

A: Debt to equity ratio is the measure which helps to determine the amount of assets financed using…

Q: A firm has a long-term debt-equity ratio of 0.5. Shareholders’ equity is $1.04 million. Current…

A: We need to use the following ratios to calculate total debt ratio Long-term debt= Shareholders…

Q: firm has a long-term debt-equity ratio of 0.5. Shareholders’ equity is $0.97 million. Current assets…

A: in this we have to calculate total debt than from this we will get total debt ratio.

Q: Given the following information, compute the current and quick ratios:   Cash $ 90,000 Accounts…

A: Current ratio and Quick ratio measure the liquidity of the company.Current Ratio = Current Assets /…

Q: A firm has a long-term debt-equity ratio of 0.3. Shareholders' equity is $0.90 million. Current…

A: Long-term debt-equity ratio0.3Shareholder equity$900,000Current assets$360,000Current ratio1.8

Q: The Lawrence Company has a ratio of long-term debt to long-term debt plus equity of .34 and a…

A: Profit Margin = Net Profit/Sales So Net Profit = Sales * Profit Margin    ROE = Net Profit/Equity So…

Q: The net earnings of Co. XY after income taxes of P 12,000 and bond interest of 7,500 was P 48,000.…

A: "Since you have asked multiple questions, we will solve first question for you. If you want any…

Q: Xitin Inc. has the following balance sheet. How much total operating capital does the firm have?

A: Operating capital is the amount required to meet the expenses related to daily business activities.…

Q: Finance Question

A: A comparative income statement can be made by representing each line item as a percentage of revenue…

Q: North Star had the following data (thousands of dollars): Cash and equivalents 100.00 Fixed assets…

A: Ratio analysis is a method of measuring the financial position of the organization. It includes…

Q: The bank efficiency ratio would be

A: Bank efficiency ratio is the ratio analysis tool which helps to determine the working efficiency of…

Q: Hillside Dairy's debt to assets ratio is 40. The company's return on assets is 10 percent. The…

A: Return on assets = 10%Net income = $500,000Using the formula for return on assets, we can calculate…

Q: a) What are x and y? b) What are the cumulative repricing gaps for 1 month (CGAP1-month), 3 months…

A: Since you have posted a question with multiple subparts, as per the guidelines, we will be solving…

Q: According to the information in the table below, which of the following shows Debt/Equity (D/E)…

A: Debt = 50,000 Equity = 40000 Operating profit before tax = 75000 Interest expense = 15000

Q: Vigo Vacations has $200 million in total assets, $5 million in notes payable, and $21 million in…

A: The objective of the question is to calculate the debt ratio for Vigo Vacations. The debt ratio is a…

Q: Kodi Company has a debt-equity ratio of 1.33. Return on assets is 7.58 percent, and total equity is…

A: A) Equity Multiplier = 1 + Debt-equity ratioEquity Multiplier = 1+ 1.33Equity Multiplier = 2.33…

Q: 19. Ebasan Company have the following account balances: Cash (net of overdraft of P100,000) Accounts…

A: The liabilities are the amount due to be paid to the creditors or suppliers of the business. The…

Q: Kinsella Corporation's statement of financial position showed the following amounts: current…

A: Formula: Long term debt to total equity ratio = Total long term debts / share holders equity…

Q: A company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders'…

A: Formula: Debt ratio = ( Total Liabilities / Total Assets ) x 100