The company's total Asset is $10,000, and its liabilities is $10,000. What is the amount of equity?A$10,000C $15,000D) $5,000

The Company Total Assets comprises of Total Liabilities and Capital (Equity). Company Total Assets =…

Answered: The company's total Asset is $10,000,…

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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Bank B has $800 million in assets and a ROE of 12%. Interest income amounts to $16 million, while interest expenses are equal to 8.33% of the bank capital. The difference between noninterest income and noninterest expenses is egyal to $12 million and provisions amount to 0.45% of the assets. What is the value of the bank capital? 120 million 200 million 800 million 137 million 99 million
Assume average net operating assets equal $1,000,000. The average book value of common equity equals $750,000. Assume sales for the period total $3,000,000. Assume opening income totals $150,000 and net borrowing costs (cost of debt) is 3%. Solve for the net financing expenses
KLMN has the following T account: Assets Liabilities Reserves 30,000 Deposits 120,000 Loans 105,000 Dept 22,500 securities 15,000 Capital 7,500 Based on the T account, calculate KLMN's leverage ratio. Interpret your result.
6. Consider the following balance sheet, for Alara Corporation. Alara has RM700,000 of retained earnings, we know that the company would be able to pay cash to buy an asset with a cost of $300,000. $ 100,000 100,000 $ 200,000 Cash 24 Accounts payable 50,000 200,000 Inventory Accruals Accounts receivable 250,000 Total CL $ 500,000 Long-term debt Common stock Retained earnings Total CA 200,000 200,000 800,000 Net fixed assets - $ 900,000 Total assets $1,400,000 Total L & E $1,400,000 a. True b. False If your answer is false, what is the correct answer: Offline Ca 32°C Ra 84
A firm has net working capital of $460, net fixed assets of $2,206, sales of $5,700, and current liabilities of $770. How many dollars worth of sales are generated from every $1 in total assets? O a. $2.58 O b. $1.66 O c. $1.92 O d. $1.67 O e. $2.14
McRae Corporation's total current assets are $380,000, its noncurrent assets are $500,000, its total current liabilities are $340,000, its long-term liabilities are $250,000, and its stockholders' equity is $290,000. How much is the working capital? A. $290,000 B. $380,000 C. $40,000 D. $250,000
A firm has EBIT of $300,000 and depreciation expense of $12,000. Fixed charges total $44,000. Interest expense totals $7,000. What is the firm's cash coverage ratio? Multiple Choice 3.76 times 4.91 times 7.25 times 7.09 times
The total liabilities and capital of Saturn Store is P350,000. Subsequently, from its P50,000 accounts receivable, P22,500 was collected. What is the new balance of its total assets?
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The Green Carpet has current liabilities of $72,100 and accounts receivable of $107,800. The firm has total assets of $443,500 and net fixed assets of $323,700. The owners' equity has a book value of $191,400. What is the amount of the net working capital? a. $47,700 b. $6,500 c. $50,100 d. -$29,700 e. -$18,800
Darden Company has cash of $28,000, accounts receivable of $38,000, inventory of $20,000, and equipment of $58,000. Assuming current liabilities of $28,000, this company's working capital is: Multiple Choice $58,000. $10,000. $88,000. $38,000.

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The company's total Asset is $10,000, and its liabilities is $10,000. What is the amount of equity? A B $10,000 $15,000 D $5,000