The end-of-year balance sheet of a firm that you are following is given below: Cash $ 10,000 Accounts payable $ 30,000 50,000 Other current liabilities 20,000 50,000 150,000 90,000 200,000 $300,000 Receivables Inventories Net fixed assets Total assets $300,000 Long-term debt. Common equity Total liabilities and equity Assume that next year the firm has net income of $15,000, does not repurchase and stock, pays a $5,000 dividend, and invests $10,000 to buy a new machine. Next year, Common Equity will be:

The end-of-year balance sheet of a firm that you are following is given below: Cash $ 10,000 Accounts payable $ 30,000 50,000 Other current liabilities 20,000 50,000 150,000 90,000 200,000 $300,000 Receivables Inventories Net fixed assets Total assets $300,000 Long-term debt. Common equity Total liabilities and equity Assume that next year the firm has net income of $15,000, does not repurchase and stock, pays a $5,000 dividend, and invests $10,000 to buy a new machine. Next year, Common Equity will be:

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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A firm’s balance sheets for the last two years are as follows: YEAR 20X1 Assets Liabilities and Equity Cash $ 8,000 Accounts payable $ 15,000 Accruals 13,000 Accounts receivable 9,000 Current bank note 14,000 Inventory 20,000 Long-term debt 64,000 Plant and equipment 103,000 Common stock 15,000 Retained earnings 19,000 $ 140,000 $ 140,000 YEAR 20X2 Assets Liabilities and Equity Cash $ 4,000 Accounts payable $ 10,000 Accruals 8,000 Accounts receivable 13,000 Current bank note 14,000 Inventory 20,000 Long-term debt 71,000 Plant and equipment 103,000 Common stock 17,000 Retained earnings 20,000 $ 140,000 $ 140,000 Sales in 20X1 were $225,000. Sales in 20X2 were $225,000. Based solely on the current ratio and the quick ratio, has the firm’s liquidity position deteriorated or improved? Round your answers to two decimal places.…
Using the following financial information, this firm's total debt to total capital ratio is closest to: Cash $ 10,000 Accounts payable $ 30,000 Accounts receivables 50,000 Notes payable 20,000 Inventories 150,000 Total current liabilities $ 50,000 Total current assets $210,000 Long-term debt 50,000 Net fixed assets 90,000 Common equity 200,000 Total assets $300,000 Total liabilities & equity $300,000 Question 35 options: 8% 17% 67% 26%
Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $ 1,000 Balance Sheet: Assets Cash $ 150 Short-term investments $ 110 Accounts receivable $ 200 Inventories $ 250 Total current assets $ 710 Net fixed assets $ 500 Total assets $ 1,210 Sales are expected to grow by 14% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar. $
Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. Sales Balance Sheet: Assets Cash Short-term investments Accounts receivable Inventories Total current assets Net fixed assets Total assets This year $1,000 $ 200 $ 90 $ 300 $300 $ 890 $ 450 $1,340 Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.
A firm has total assets of $4,000,000. liabilities of $2,000,000 and stockholders equity is $2,000,000. What is the debt-to-total asset ratio? Group of answer choices 50% 34% 45% 55%
Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $1,000 Balance Sheet: Assets Cash $150 Short-term investments $140 Accounts receivable $300 Inventories $300 Total current assets $890 Net fixed assets $600 Total assets $1,490 Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar.
2.The Moon Company had net income in 2022 of AED 40 million. Here are some of the financial ratios from the annual report. Return on Assets = 5% Debt Assets Ratio = 55% Profit Margin = 4.5% Inventory in days = 20 days Using these ratios, calculate the following for the Remal Company: a) Salesb) Total assetsc) Total asset turnover d) Total debte) Stockholders' equity f) Return on equityg) Inventory
Farnsbeck Inc. is forecasting a 15% increase in sales next year. Assume the company is operating at 100% capacity. The company has 50,000 shares of common stock outstanding. The firm will pay out 60% of its Net Income in dividends and move 40% into retained earnings Based on the Income statement and balance sheet below answer the following questions. ASSETS 2020 2019 ASSETS 2020 2019 CASH AND MARKETABLE SECURITIES ACCOUNTS RECEIVABLE INVENTORIES 29,000 25,000 116,000 100,000 145,000 125,000 290,000 250,000 362,000 350,000 CURRENT ASSETS GROSS PLANT AND EQUIPMENT LESS: ACCUMULATED DEPRECIATION 130,000 100,000 232,000 250,000 NET FIXED ASSETS TOTAL ASSETS 522,000 500,000 LIABILITIES AND EQUITY 90,480 34,800 25,420 CURRENT LAIBILITIES 150,700 142,000 145,000 140,000 TOTAL LIABILITIES 295,700 282,000 150,000 150,000 78,000 ACCOUNTS PAYABLE ACCRURALS NOTES PAYABLE 30,000 34,000 LONG TERM DEBT COMMON STOCK ($1.00 par) RETAINED EARNINGS 76,300 68,000 TOTAL OWNER'S EQUITY 226,300 218,000 TOTAL…
Projected Operating Assets Berman & Jaccor Corporation's current sales and partial balance sheet are shown below. This year Sales $ 1,000 Balance Sheet: Assets Cash $ 150 Short-term investments $ 130 Accounts receivable $ 300 Inventories $ 250 Total current assets $ 830 Net fixed assets $ 600 Total assets $ 1,430 Sales are expected to grow by 10% next year. Assuming no change in operations from this year to next year, what are the projected total operating assets? Do not round intermediate calculations. Round your answer to the nearest dollar. $
Trina's Trikes, Inc. reported a debt-to-equity ratio of 1.81 times at the end of 2018. If the firm's total debt at year-end was $9.00 million, how much equity does Trina's Trikes have? A. $16.29 million B. $1.81 million C. $9.00 million D. $4.97 million

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