ests or Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $2.5 million and met plant and equipment equals $2.2 million. It has notes payable of $155,000, long-term debt of $760,000, and total common equity of $1.5 million. The firm does have accounts payable and are on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet Write out your answers completely. For example, 25 million should be entered as 35,000,000. Negative values, if any, should be indicated by a minus syn. Round your answers to the nearest dollar, if necessary What is the company's total debt? 5 2200000 to what is the amount of total bites and equity that appears on the fien's balance shoot? What is the balance of current asunts on the balance sheet? d. What is the balance of current liabilities on the firm's balance sheet S What is the amount of accounts payable and scores on its bance sheet Conde tie sanger in tem on the few's been meet.) 6 What is the fir's net working capitary if your answer is zero, enter to 6 What is the firm's net operating working capital? . 1. What is the monetary difference between your answers to part and . What does this difference indicate? BMW The assets of Dallas & Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $2.5 million and otplant equipment equals $2.2 million. It has notes payable of $155,000, long-term debt of $760,000, and total common equity of 51.5 million. The firm does have accounts payable and art on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet write out your answers completely. For example, 25 million should be entered as 25,000,000. Negative values, if any, should be indicated by a minus sign. Round your nuwers to the nearest dollar, if necessary a. What is the company's total debt? b. What is the amount of total liabilities and equity that appears on the firm's balance sheet? $ c. What is the balance of current assets on the firm's balance sheet? $ d. What is the balance of current liabilities on the firm's balance sheet? $ e. What is the amount of accounts payable and accruals on its balance sheet? (Hint: Consider this as a single line item on the firm's balance sheet) $ 4. What is the firm's net working capital? If your answer is zero, enter "o", $ $ 9. What is the firm's net operating working capital? h. What is the monetary difference between your answers to part and g? $ PE
