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The assets of Dallas a Associates consist entirely of current assets and net plant and equipenent, and the firm has no excess cash, The firm
The assets of Dallas a Associates consist entirely of current assets and net plant and equipenent, and the firm has no excess cash, The firm has total ascets of $2.8 million and n plant and equipment equals $2.5 million. It has notes payable of $160,000, long-term debt of $746,000, and total common equity of $1.55 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and cammon equity, so it has no prefefred stock on its balance sheet. Write out your answers completely. For example, 25 milion should be entered as 25,000,000. Negative values, if any, should be indicated by a minus sign. Round your answers 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? 3 C. What is the balance of current assets on the firm's balance sheet? 5 d. What is the balance of current liabilities on the firm's balance sheet? 5 e. What is the amount of accoums payable and accruals on ats bolance sheet? (Hin: Consider this as a sngle line item on the firm's balance sheet) 5 t. What is the firm's net working capital? if your answer is zero, enter " 0 ". 1 9. What is the firm's net operating working capital? h. What is vie monetary difference between your answers to part f and g ? 5 What does this afference indicate
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