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The assets of Dallas R Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm
The assets of Dallas R Associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. The firm has total assets of 33 miltien and n plant and equipment equals $2.7 milion, It has notes payable of $140,000, long-term debt of $760,000, and total common equity of $1.55 milion. The firm does have accoun payable and accruals on its balance sheet. The firm only finances with debt and common equity, 50 it has no preferred stock on its bolance shect. Write out your answers completely. For example, 25 million should be entered as 25,000,000, Negative values, it any, should be iodicated by a minus spgn. Round your answers the nearest dollar, if necessary. a. What is the company's total dett? 3 . b. What is the amount of total kabilities and equity thot appears on the firm's balance sheet? 5 c. What is the balance of current assats on the firm's balance sheet? 3 d. What is the bolance of current liabilies on the fim's balance sheet? 1 e. What is the amoune of sccounts payable and scerusls on its balonce sheet? (Hitht: Consider this as a single line itent on the firm's balance sheet.) 4 1. What is the firm's net working capital? if your ancwer is zero, enter " 0 ". 5. 9. What is the fim's net operating woricing capital? h. What is the monetary difference betweon your anwwers to part f and
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