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10. Which one of the following is a capital budgeting decision? A determining how many shares of stock to issue B. deciding whether or not

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10. Which one of the following is a capital budgeting decision? A determining how many shares of stock to issue B. deciding whether or not to purchase a new machine for the production line C. deciding how to refinance a debt issue that is maturing D. determining how much inventory to keep on hand E. determining how much money should be kept in the checking account 11. A firm has $520 in inventory, S1,860 in fixed assets, $190 in accounts receivables, $210 in accounts payable, and $70 in cash. What is the amount of the current assets? A $710 B. $780 C. $990 D. $2,430 E. $2,640 12. A firm has net working capital of $640. Long-term debt is $4,180, total assets are $6.230, and fixed assets are $3.910 What is the amount of the total liabilities? A $2,050 B. $2,690 C. $4,130 D. $5,590 E. $5,860 13. A firm has common stock of $6,200, paid-in suplus of S9,100, total liabilities of $8,400, current assets of $5,900, and fixed assets of $21,200 What is the amount of the shareholders' equity? A $6,900 B. $15,300 C. $18,700 D. $23,700 E. $35,500 14. Your firm has total assets of $4.900, fixed assets of $3,200, long-term debt of $2,900, and short-term debt of $1,400. What is the amount of net working capital? A. -$100 B. $300 C. 5600 D. $1,700 E. $1,800 4

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