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Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash$20.00 Accounts payable$30.00 Short-term investments50.00 Accruals50.00 Accounts receivable20.00 Notes
Zumbahlen Inc. has the following balance sheet. How muchtotal operating capitaldoes the firm have?
Cash$20.00
Accounts payable$30.00
Short-term investments50.00
Accruals50.00
Accounts receivable20.00
Notes payable30.00
Inventory60.00
Current liabilities$110.00
Current assets$150.00
Long-term debt70.00
Gross fixed assets$140.00
Common stock30.00
Accumulated deprec.40.00
Retained earnings40.00
Net fixed assets$100.00
Total common equity$70.00
Total assets$250.00
Total liab. & equity$250.00
a.$114.00
b.$120.00
c.$126.00
d.$132.30
e.$138.92
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