Och, Inc., has current assets of $6,400, net fixed assets of $29,300, current liabilities of $5,100, and
Question:
Och, Inc., has current assets of $6,400, net fixed assets of $29,300, current liabilities of $5,100, and long-term debt of $11,800. What is the value of the shareholders’ equity account for this firm? How much is net working capital?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 28% (7 reviews)
To find owners equity we must construct a balance sheet ...View the full answer
Answered By
Santu sinha
I am MS in chemical science and having teaching activities for one semester in my institute Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR). I had qualified two national competitive examinations in chemistry. In my bachelor level, I secured all India rank 3 in IIT JAM Examination 2015. In my master level, I have qualified CSIR examination and secured all India rank 74. I will provide the best teaching in chemistry. More specialize for organic chemistry in college-level and can guide you for your competitive test.
0.00
0 Reviews
10+ Question Solved
Related Book For
Corporate Finance Core Principles And Applications
ISBN: 9781260571127
6th Edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Question Posted:
Students also viewed these Business questions
-
1. Complete the following sentences with the most appropriate term or phrase: a. Firms raise capital by selling newly issued securities in the ______________markets, while Existing, already...
-
Romo, Inc., has current assets of $1,850, has current assets of $1,850, net fixed assets of $8,600, current liabilities of $1,600, and long-term debt of $6,100. What is the value of the shareholders...
-
(Multiple choice) 1) Which of the following is not an advantage of the corporate form of business organization? a. Sell debt or equity in public capital markets b. Owners have limited liability c....
-
On 31 March 1980, Philip acquired a 48-year copyright at a cost of 85,000. The copyright was valued at 92,000 on 31 March 1982. On 31 March 2021, Philip sold the copyright for 47,000. Compute the...
-
The primary determinant of the amount of vacation time U.S. employees receive is their length of service. According to data released by Hewitt Associates, more than 8 of 10 employers provide 2 weeks...
-
Dr. Helen Floss is the managing partner of the Crestwood Dental Clinic. Floss is trying to determine whether the clinic should move patient files and other items out of a spare room in the clinic and...
-
Two streams, each containing \(0.5 \mathrm{lb} / \mathrm{hr}\) steam at \(550 \mathrm{psia}\), are mixed as shown in Figure 10.29: (a) Compute the heat loss to an environmental reservoir at...
-
Will Company assembles products from a group of interconnecting parts. The company produces some of the parts and buys some from outside vendors. The vendor for Part X has just increased its price by...
-
Solve the equation 6 x 4 + x = 5 x 3 + 2 x 2
-
Prove the following: p min 2mR f, Mu = p As fy (d-a/2) m fc' 1.4 4 fy fy (1-
-
Higgins, Inc., has sales of $517,400, costs of $296,300, depreciation expense of $42,300, interest expense of $20,400, and a tax rate of 21 percent. What is the net income for the firm? Suppose the...
-
Critics have charged that compensation to top management in the United States is too high and should be cut back. For example, focusing on large corporations, Frank Bisignano, CEO of First Data, was...
-
A regenerative vapor power cycle has two turbine stages with steam entering the first turbine stage at 8 MPa, 550oC and expanding to 700 kPa, where some of the steam is extracted and diverted to the...
-
An entity issued a five-year bond that is listed and traded on a stock exchange. In the following year, the entity proposes a modification of the bonds repayment terms, to extend the maturity. The...
-
Suppose that in Figure 4-4, the government raises the floor price of peanuts above the displayed $500-per-ton floor price, to $600 per ton. Will the excess quantity of peanuts supplied increase or...
-
Refer to the third table for a different consumer, and assume that each week this consumer buys only weekly subscriptions to economic statistics apps and subscriptions to office productivity apps....
-
Justify the following statement: The flux of \(\mathbf{F}=\left\langle x^{3}, y^{3}, z^{3}ightangle\) through every closed surface is positive.
-
Use induction to prove the identity. \(F_{n}=\frac{R_{+}^{n}-R_{-}^{n}}{\sqrt{5}}\), where \(R_{ \pm}=\frac{1 \pm \sqrt{5}}{2}\)
-
Why does increasing the temperature of a solid make it melt?
-
An environmentalist wants to determine if the median amount of potassium (mg/L) in rainwater in Lincoln County, Nebraska, is different from that in the rainwater in Clarendon County, South Carolina....
-
Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital, perhaps). What kind of goals do you think would be appropriate?
-
Suppose you were the financial manager of a not-for-profit business (a not-for-profit hospital, perhaps). What kind of goals do you think would be appropriate?
-
Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits.
-
Because of its high dielectric strength, SF6 (sulfur hexafluo-ride) gas is widely used as an insulator and a dielectric in HV applications such as HV transform-ers, switches, circuit breakers,...
-
An eagle is flying horizontally at a speed of 2.9 m/s when the fish in her talons wiggles loose and falls into the lake 4.4 m below. Calculate the magnitude of the velocity of the fish relative to...
-
A 5.0 g bullet moving 325 m/s is shot into a 1.25 kg block, which slides for 1.35 seconds across the surface it is on before coming to rest. What is the average force of kinetic friction between the...
Study smarter with the SolutionInn App