Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $ 25.00 Accounts payable $ 45.00 Short-term investments 35.00 Accruals 20.00 Accounts receivable 20.00 Notes payable 45.00 Inventory 70.00 Current liabilities $110.00 Current assets $150.00 Long-term debt 70.00 Gross fixed assets $140.00 Common stock 30.00 Accumulated deprec. 40.00 Retained earnings 40.00 Net fixed assets $100.00 Total common equity $ 70.00 Total assets $250.00 Total liab. & equity $250.00 Anwsers include: a. $185.00 b. $230.00 c. $250.00 d.$85.00 e. $220.00
Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $ 25.00 Accounts payable $ 45.00 Short-term investments 35.00 Accruals 20.00 Accounts receivable 20.00 Notes payable 45.00 Inventory 70.00 Current liabilities $110.00 Current assets $150.00 Long-term debt 70.00 Gross fixed assets $140.00 Common stock 30.00 Accumulated deprec. 40.00 Retained earnings 40.00 Net fixed assets $100.00 Total common equity $ 70.00 Total assets $250.00 Total liab. & equity $250.00 Anwsers include: a. $185.00 b. $230.00 c. $250.00 d.$85.00 e. $220.00
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
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