Get Help of this Accounting Calculation The following items are components of a traditional balance sheet. How much isthe total equity of the firm?Long-term debtCommon stockAccounts payablePaid in excess$12,00015,0008,0006,000Accrued interest payable 1,500Plant and equipment60,000Retained earnings28,000Accounts receivable22,000

Total Equity = Common Stock + Retained Earnings + Paid in ExcessCommon stock: $15,000Retained…

Answered: The following items are components of a…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter12: Current Liabilities

Section: Chapter Questions

Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...

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Use the following balance sheet and income statement to calculate the firm's return on equity: Balance Sheet Assets: Cash Accounts Receivable Inventories Land Other Fixed Assets Liabilities & Owners' Equity Accounts Payable Long Term Debt Common Stock Paid in Capital Retained Earnings 30.3% 28.0% 27.5% O 45.1% 36.2% $9,000 26,000 19,500 49,000 70,000 12,000 53,400 2,000 80,000 26,100 Income Statement Sales (all credit) Cost of Goods Sold Operating Expenses Depreciation Interest Expense Taxes $255,000 (153,000) (45,000) (3,000) (9,000) (15,300)
Required:1. How much is the net working capital of ABC Company?2. Is it positive or negative?
What is the company's Debt to equity ratio on these general accounting question?
Using the following data and give correct debt equity ratio on these general accounting question
Give true solution for this accounting question
Please provide correct answer this question general accounting
The ratio of liabilities to stockholders' equity measures how much of the company is financed by debt and equity. It is computed as follows: To illustrate, the ratio of liabilities to stockholders' equity for Lincoln Company is computed as follows Current Assets - CurrentLiabilities = Calculated Value 1. Working capital: Ratio Numerator ÷ Denominator = Calculated Value 2. Current ratio 3. Quick ratio 4. Accounts receivable turnover 5. Number of days' sales in receivables 6. Inventory turnover 7. Number of days' sales in inventory 8. Ratio of Fixed assets to long-term liabilities…
Compute the debt ratio from the data shown below: Balance Sheet (Millions of $) Assets Cash and securities Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total debt Common stock Retained earnings Total common equity Total liabilities and equity Income Statement (Millions of $) Net sales Operating costs except depreciation Depreciation Earnings bef interest and taxes (EBIT) 2007 $1,290 9,890 13,760 $24,940 $18,060 $43.000 $8,170 6,020 4.730 $18,920 $8,815 $27.735 $5,805 2.460 $15.265 $43,000 2007 $51.600 48,246 903 $2,451 K
Calculate the dividend payout ratio.
You find the following financial information about a company: net working capital = $7, 809; total assets $11,942; and long-term debt Multiple Choice $9, 115 $4, 507 $10, 339 $6, 129 $4, 133 = = = $1, 287; fixed assets $4,589. What is the company's total equity?
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