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The assets of Dallas & Associates entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has
The assets of Dallas & Associates entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of $ million and net plant and equipment equals $ million. It has notes payable of $ long term debt of and total common equity of $ million. The firm does have accounts payable and accurals on its balance sheet. The firm only finances with debt and common equity, so it has not preferred stock on its balance sheet.
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.
f What is the firm's net working capital? If your answer is zero, enter
g What is the firm's net operating working capital?
h What is the monetary difference between your answers to part and
What does this difference indicate?
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