The liabilities of Olga Company are $90,000. Common stock account is $150,000; dividends are $40,000; revenues, $450,000; and expenses, $320,000. What is the amount of Olga Company's total assets?
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- Consider the following company’s balance sheet and income statement Return on assets. Return on equity.A company has $1343 in inventory, $4782 in net fixed assets, $634 in account receivable, $278 in cash, and $586 in accounts payable and $5377 in equity. What are the company's long term debt?The total assets of Dierdorf Co. are $600,000 and its liabilities are equal to two-thirds of its total assets. What is the amount of Dierdorf Co.'s stockholders' equity?
- You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $490,000; accounts receivable = $1,020,000; inventory = $1,920,000; accrued wages and taxes = $410,000; accounts payable = $710,000; and notes payable = $420,000. Calculate SophieLex's current ratio, quick ratio, and cash ratio. Note: Round your answers to 2 decimal places. Current ratio Quick ratio Cash ratio times times timesplease give me answerBalance Sheet You are evaluating the balance sheet for Cypress Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $670,000, Accounts receivable = $870,000, Inventory = $570,000, Accrued wages and taxes = $111,000, Accounts payable = $207,000, and Notes payable = $1,070,000. What is Cypress's net working capital? Multiple Choice $1,388,000 O $2,110,000 $722,000 O $3,498,000
- A company has the following financial data: • Total market value of its stock: $800 million • Total market value of its debt: $200 million Determine the weighted average of the company's debt.Campbell Company has current assets of $10 million of which $3,000,000 are accounts receivable. Its current liabilities total $7 million of which $2,000,000 are accounts payable and $500,000 are wages payable. Campbell's net credit is: a. $2,500,000. O b. $1,000,000. Oc. $500,000. d. $3,000,000The balance sheet for Shaver Corporation reported the following: cash, $5,000; short-terminvestments, $10,000; net accounts receivable, $35,000; inventory, $40,000; prepaids, $10,000;equipment, $100,000; current liabilities, $40,000; notes payable (long-term), $70,000; total stockholders’ equity, $90,000; net income, $3,320; interest expense, $4,400; income before incometaxes, $5,280. Compute Shaver’s debt-to-assets ratio and times interest earned ratio. Based onthese ratios, does it appear Shaver relies mainly on debt or equity to finance its assets? Is it probable that Shaver will be able to meet its future interest obligations?
- You are evaluating the balance sheet for SophieLex’s Corporation. From the balance sheet you find the following balances: cash and marketable securities = $370,000; accounts receivable = $1,260,000; inventory = $2,160,000; accrued wages and taxes = $530,000; accounts payable = $830,000; and notes payable = $660,000. Calculate SophieLex’s current ratio. (Round your answer to 2 decimal places.) Calculate SophieLex’s quick ratio. (Round your answer to 2 decimal places.) Calculate SophieLex’s cash ratio. (Round your answer to 2 decimal places.)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?Pharoah Enterprises has total current assets of $354,002 and fixed assets of $465,306. The company also has long-term debt of $278,400, $100,000 in its common stock account, and retained earnings of $187,570. What is the value of its total current liabilities?