NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $3,825,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $600,000 of accounts payable, $375,000 of 6% short-term notes payable to the bank, and $150,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total investor-provided operating capital?<\/p>
Group of answer choices<\/p>
$4,300,000<\/p>
$5,325,000<\/p>
$5,475,000<\/p>
$4,950,000<\/p>", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "978-0073379616, 73379611, 978-0697789938", "edition": "13th Edition", "authors": "Ray H. Garrison, Eric W. Noreen, Peter C. Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/25.jpg", "uri": "\/textbooks\/managerial-accounting-13th-edition-25", "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:09:52", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/statistics-principles-and-methods\/a-using-the-midpoint-of-each-year-range-eg-1980-2011440", "description": "=+a. Using the midpoint of each year range (e.g., 1980 for the 19781982 range), construct a time-series plot that", "stars": 0 }, { "url": "\/the-following-balance-sheet-is-for-a-local-partnership-in", "description": "The following balance sheet is for a local partnership in which the partners have become very unhappy with each other. To avoid more conflict, the partners have decided to cease operations and sell...", "stars": 3 }, { "url": "\/study-help\/questions\/nnr-incs-balance-sheet-showed-total-current-assets-of-1875000-10723232", "description": "NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $3,825,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of...", "stars": 3 }, { "url": "\/study-help\/questions\/suppose-bmi-regional-is-considering-the-purchase-of-new-airplanes-286296", "description": "Suppose BMI Regional is considering the purchase of new airplanes to facilitate the operation of new routes. In total, it plans to purchase a new airline fleet for $5.0 million. This fleet will...", "stars": 3 }, { "url": "\/study-help\/questions\/your-firmhas-ap-with-credit-terms-of-115-net-30-1285967", "description": "Your firm-has A\/P with credit terms of 1\/15, net 30. What is the annualized cost of skipping the discount on day 15 and paying the full invoice amount on day 30? 24.6% 37.2% 18.6% 8.1%", "stars": 3 }, { "url": "\/study-help\/questions\/total-monthly-production-costs-are-10000-on-a-lot-of-1286357", "description": "total monthly production costs are 10,000 on a lot of 250 units. you sell each unit for $150. If all 250 units sell each month, how would you calculate your annual profit", "stars": 3 }, { "url": "\/study-help\/questions\/one-way-to-determine-the-trend-of-a-data-set-1288301", "description": "One way to determine the trend of a data set is to find ______________________. Question 36 options: a) percentage of non-overlapping data b) the split middle line of progress c) percentage of...", "stars": 3 }, { "url": "\/study-help\/questions\/the-annual-salaries-for-5-randomly-selected-people-diana-154500-1288920", "description": "The annual salaries for 5 randomly selected people: Diana: $154,500 Clark: $76,000 Lois: $119,350 Bruce: $2,350,000,000 Barry: $68,000 Which would be the best measure of central tendency for this...", "stars": 3 }, { "url": "\/study-help\/questions\/your-clients-expect-a-10-return-on-investment-for-podcast-1289743", "description": "Your clients expect a 10% return on investment for podcast and a 15% ROI for TV ads. How would you calculate the expected profit for a client who invests $5500 on a podcast ad and $10,000 for a TV ad", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/qusion-2017-pulhts-problem-recommended-time-allocation-45-minutes-17-10723231", "next": "\/study-help\/questions\/obtain-sec-edgar-the-financial-statements-for-entravision-communications-abnormally-10723233" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $3,825,000", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/nnr-incs-balance-sheet-showed-total-current-assets-of-1875000-10723232" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }: "1" } }