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Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $  23.00 Accounts payable $  26.00 Short-term investments 48.00 Accruals 49.00 Accounts receivable 21.00 Notes payable     25.00 Inventory     59.00    Current liabilities $100.00    Current assets $151.00 Long-term debt 66.00 Gross fixed assets $161.00 Common stock 33.00 Accumulated deprec.     35.00 Retained earnings     78.00 Net fixed assets $126.00 Total common equity $  177.00 Total assets $277.00 Total liab. & equity $277.00           Group of answer choices   $130.90 $146.30 $169.40 $161.70 $154.00

Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $  23.00 Accounts payable $  26.00 Short-term investments 48.00 Accruals 49.00 Accounts receivable 21.00 Notes payable     25.00 Inventory     59.00    Current liabilities $100.00    Current assets $151.00 Long-term debt 66.00 Gross fixed assets $161.00 Common stock 33.00 Accumulated deprec.     35.00 Retained earnings     78.00 Net fixed assets $126.00 Total common equity $  177.00 Total assets $277.00 Total liab. & equity $277.00           Group of answer choices   $130.90 $146.30 $169.40 $161.70 $154.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?

Cash
$  23.00
 Accounts payable
$  26.00
Short-term investments
48.00
 Accruals
49.00
Accounts receivable
21.00
 Notes payable
    25.00
Inventory
    59.00
    Current liabilities
$100.00
   Current assets
$151.00
 Long-term debt
66.00
Gross fixed assets
$161.00
 Common stock
33.00
Accumulated deprec.
    35.00
 Retained earnings
    78.00
Net fixed assets
$126.00
 Total common equity
$  177.00
Total assets
$277.00
 Total liab. & equity
$277.00
       
 
Group of answer choices
 
$130.90
$146.30
$169.40
$161.70
$154.00
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