The assets of BFIN 200 Ltd. consist exclusively of property, plant and equipment (PPE), and current assets. The firm has total assets of $96,000 and PPE equals $84,000. It has notes payable of $6,400, in addition to long-term debt of $26,000 and total common equity of $60,000. The firm finances its needs with debt and common equity and does not have preferred stock on its balance sheet. Calculate the amount of total liabilities and equity on the firm’s balance sheet. Calculate the balance of current assets on the firm’s balance sheet. Calculate the balance of current liabilities on the firm’s balance sheet.
The assets of BFIN 200 Ltd. consist exclusively of property, plant and equipment (PPE), and current assets. The firm has total assets of $96,000 and PPE equals $84,000. It has notes payable of $6,400, in addition to long-term debt of $26,000 and total common equity of $60,000. The firm finances its needs with debt and common equity and does not have preferred stock on its balance sheet. Calculate the amount of total liabilities and equity on the firm’s balance sheet. Calculate the balance of current assets on the firm’s balance sheet. Calculate the balance of current liabilities on the firm’s balance sheet.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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- The assets of BFIN 200 Ltd. consist exclusively of property, plant and equipment (PPE), and current assets.
- The firm has total assets of $96,000 and PPE equals $84,000.
- It has notes payable of $6,400, in addition to long-term debt of $26,000 and total common equity of $60,000.
- The firm finances its needs with debt and common equity and does not have
preferred stock on its balance sheet.
- Calculate the amount of total liabilities and equity on the firm’s balance sheet.
- Calculate the balance of current assets on the firm’s balance sheet.
- Calculate the balance of current liabilities on the firm’s balance sheet.
- Calculate the amount of accounts payable and accruals on the firm’s balance sheet.
- Calculate the firm’s net operating working capital.
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