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The assets of Dallss & Associates consus entirely of current astets and net plant and equipment, and the firm has no excess cash, The firms
The assets of Dallss \& Associates consus entirely of current astets and net plant and equipment, and the firm has no excess cash, The firms his tetal assets of $2.9milion and net plant and equipment equals $2.4 million, It has notes parable of $100,000, long-term debt of $754,000, and total common equity of $1.5 millon. The firm does have accounts payable and accruals on its balance sheet. The firm only finsnces with debt and common equity, se it has no preferred stock on iss balance shect. Write out your answers campletely. For example, 25 millon should be entered as 25,000,000. Negative values, if any, should be indicated by a minus sign. Round your answers to the nearest dollar, if necessary. a. What is the company's total dett? $ b. What is the amount of total habilnes and equity that appeas on the ferm's balance sheet? \$ c. What is the balance of carrent asvets on the firm's batance sheet? s d. What is the balance of current labibies on the furms s balance sheet? 5 s 1 a. What is the firmis net coprating mokirs cepital? s h. What th die mentary diference between your answern te part f and g? s What does this diflerence indcate
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