Check enterprises has current assets of $600.000, and total assets of $890.000. it also has current liabilities

Fantastic news! We've Found the answer you've been seeking!

Question:

Check enterprises has current assets of $600.000, and total assets of $890.000. it also has current liabilities of $245.000, common equity of $3450.000, and retained earnings of of $95.000. how much long-term debt and fixed assets does the firm have?

Posted Date: May 08, 2024 01:38 AM

See More Questions

(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....
Chuck Enterprises has current assets of $300,000, and total assets of $750,000. It also has current liabilities of $125,000, common equity of $250,000, and retained earnings of $85,000. How much...
Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
After its move in 1990 to La Junta, Colorado, and its new initiatives, the DeBourgh Manufacturing Company began an upward climb of record sales. Suppose the figures shown here are the DeBourgh...
Why does the payback period bias the process of asset selection toward short-lived assets?
As some molten metal splashes, one droplet flies off to the east with initial velocity vi at angle 'i above the horizontal, and another droplet to the west with the same speed at the same angle above...
The F statistic is the quotient of the sample ____________ . In Exercises 5 and 6, fill in each blank with the appropriate word or phrase.
Wayman Corporation reports the following amounts in its December 31, 2015, income statement. Required: Prepare a multiple-step incomestatement. Net sales Interest expense Salaries expense Utilities...
Donde lends 20,000 to Kyle today and charges a nominal interest rate of 7.5% convertible monthly. Kyle will repay the loan by level payments at the end of each month in the next 5 years. Donde will...
A coaxial shunt is to be designed to measure an impulse current of 60kA. The bandwidth of the shunt is to be at least 10MHz and the voltage drop across the shunt should not exceed 60V. Resistivity of...
While Virgin Australia suffered financial turmoil during the COVID-19 pandemic and associated shutdowns of air travel, by the start of 2022 it was forecasting a return to pre-bankruptcy volumes of...
In a continuous casting machine, the billet moves at a rate of $\mathrm{m} / \mathrm{s}$. The hot billet is exposed to an ambient temperature of $T_{a}$. Set up an equation to find the...
The income groups for a sample of city residents are listed. Determine the level of measurement of the data set. Explain. Low Middle High
Suppose that n random walkers, starting in the center of an n-by-n grid, move one step at a time, choosing to go left, right, up, or down with equal probability at each step. Write a program to help...
In a double pipe heat exchanger, hot fluid (mass flow $M \mathrm{~kg} / \mathrm{s}$ and specific heat $\mathrm{C} \mathrm{kJ} / \mathrm{kg}{ }^{\circ} \mathrm{C}$ ) flows inside a pipe and cold...
It is December 2014 and Cranmore Inc. recently hired a new accountant, Jodie Larson. Although Cranmore is a private company, it follows IFRS. As part of her preparation of the 2014 financial...
Why do CPA firms sometimes use a combination of positive and negative confirmations on the same audit?
Compressibility factor for a given vapour or gas can be represented by (a) $Z=1+B^{\prime} P+C^{\prime} P^{2}+D^{\prime} P^{3}+\cdots$ (b) $Z=1+\frac{B}{V}+\frac{C}{V^{2}}+\frac{D}{V^{3}}+\cdots$...
The work done in reversible polytropic steady flow processes is given by (a) $\frac{P_{1} V_{1}-P_{2} V_{2}}{n-1}$ (b) $\frac{n\left(P_{1} V_{1}-P_{2} V_{2} ight)}{n-1}$ (c) \(n\left(P_{1}...
On a Mollier chart, the slope of the curve representing a reversible isobaric process is equal to (a) $T-\beta$ (b) $T+\frac{1}{\beta}$ (c) $T$ (d) $\beta T-1$

Check enterprises has current assets of $600.000, and total assets of $890.000. it also has current liabilities

Question:

Expert Answer:

To determine the amount of longterm debt and fixed assets of Check Enterprises we can use the formul... View the full answer

Students also viewed these accounting questions