Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $20.00 Accounts $ payable 30.00 50.00 Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets Total assets a. $117.40 b. $120.00 50.00 c. $122.60 Accruals 20.00 Notes payable 60.00 Current liabilities Select the correct answer. $150.00 $140.00 40.00 Retained earnings Long-term debt Common stock $250.00 Total liab. & equity 30.00 $110.00 70.00 30.00 $100.00 Total common $70.00 equity 40.00 $250.00
Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $20.00 Accounts $ payable 30.00 50.00 Short-term investments Accounts receivable Inventory Current assets Gross fixed assets Accumulated deprec. Net fixed assets Total assets a. $117.40 b. $120.00 50.00 c. $122.60 Accruals 20.00 Notes payable 60.00 Current liabilities Select the correct answer. $150.00 $140.00 40.00 Retained earnings Long-term debt Common stock $250.00 Total liab. & equity 30.00 $110.00 70.00 30.00 $100.00 Total common $70.00 equity 40.00 $250.00
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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Transcribed Image Text:Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?
Cash
$ 20.00
Accounts
payable
50.00
Short-term
investments
Accounts
receivable
Inventory
Current assets
Gross fixed assets
Accumulated
deprec.
Net fixed assets
Total assets
a. $117.40
b. $120.00
c. $122.60
d. $125.20
50.00
e. $114.80
20.00
Select the correct answer.
Accruals
60.00 Current
liabilities
$140.00
40.00
Notes payable
$150.00 Long-term
debt
$100.00 Total common
equity
$250.00 Total liab. &
equity
30.00
$110.00
Common stock 30.00
Retained
40.00
earnings
70.00
$ 70.00
$250.00
$
30.00
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