Question

In: Finance

A firm has net working capital of $3,000, long-term debt of$9,500, total asset of $19,000,...

A firm has net working capital of $3,000, long-term debt of $9,500, total asset of $19,000, and fixed assets of $13,500. What is the amount of current liabilities?

Solutions

Expert Solution

The amount is computed as follows:

Net working capital = current assets - current liabilities

$ 3,000 = (Total Asset - Fixed Asset) - current liabilities

$ 3,000 = ($ 19,000 - $ 13,500) - current liabilities

current liabilities = $ 2,500

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

A firm has total equity of $3,082, long-term debt of $900, net working capital of $213,...
A firm has total equity of $3,082, long-term debt of $900, net working capital of $213, and current liabilities of $380. What is the amount of the net fixed assets? Group of answer choices $2,726 $4,149 $3,769 $3,389
A firm has total equity of $3,082, long-term debt of $900, net working capital of $213,...
A firm has total equity of $3,082, long-term debt of $900, net working capital of $213, and current liabilities of $380. What is the amount of the net fixed assets? Group of answer choices $2,726 $4,149 $3,769 $3,389
A firm has net working capital of $560. Long-term debt is $4,500, total assets are $8,350,...
A firm has net working capital of $560. Long-term debt is $4,500, total assets are $8,350, and fixed assets are $3,700. Q. What is the amount of total liabilities?
Farah’s Fashions has net working capital of $600, long-term debt of $4,000, total assets of $8,200...
Farah’s Fashions has net working capital of $600, long-term debt of $4,000, total assets of $8,200 and net fixed assets of $4,200. What is the amount of total liabilities? Select one: a. $3,400 b. $4,000 c. $4,130 d. $7,400 e. None of the above.
Saunders Corp. has a book net worth of $11,150. Long-term debt is $2,300. Net working capital,...
Saunders Corp. has a book net worth of $11,150. Long-term debt is $2,300. Net working capital, other than cash, is $2,950. Fixed assets are $2,750 and current liabilities are $1,500.    Required: (a) How much cash does the company have?   (Click to select)   9,250   10,700   8,400   9,528   8,972    (b) What is the value of the current assets?   (Click to select)   13,015   4,450   14,385   13,426   13,700
Capital Asset Pricing: XYZ Inc. has the following information: Total Market Value of Long-Term Debt: $900,000;...
Capital Asset Pricing: XYZ Inc. has the following information: Total Market Value of Long-Term Debt: $900,000; Weight 37% Total Market Value of Preferred Stock: $30,000; Weight 1.2% Total Market Value of Common Stock: $1,500,000; Weight 61.7% Tax Rate= 21% YTM on Bonds= 7.8% Annual Preferred Dividend= $4.75 Preferred Stock Price= $41 Flotation Costs on Issuance of New Preferred Stock= 4% Next Year’s Expected Common Stock Dividend= $2.25 Current Common Stock Price= $49 Expected Dividend Growth Rate= 6.5% 1) Compute the...
At the beginning of the year, long-term debt of a firm is $304 and total debt...
At the beginning of the year, long-term debt of a firm is $304 and total debt is $337. At the end of the year, long-term debt is $267and total debt is $347. The interest paid is $33. What is the amount of the cash flow to creditors? 33 37 -70 70 -37
Blitz Corp. has a book value of equity of RM17,010. Long-term debt is RM8,400. Net working...
Blitz Corp. has a book value of equity of RM17,010. Long-term debt is RM8,400. Net working capital, other than cash, is RM2,150. Fixed assets are RM22,430 and current liabilities are RM2,260. How much cash does the company have? ii )What are current assets?                                                                                   
Sunset, Inc., has a book value of equity of $14,130. Long-term debt is $8,150. Net working...
Sunset, Inc., has a book value of equity of $14,130. Long-term debt is $8,150. Net working capital, other than cash, is $2,140. Fixed assets are $19,470 and current liabilities are $1,760.    How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)    Cash            $    What is the value of the current assets? (Do not round intermediate calculations and round your answer to the nearest whole...
Wilberton’s has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and...
Wilberton’s has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700. If inventory is $173,900, what is the current ratio? Show your calculations! A. 1.18    B. 0.52 C. 2.01 D. 1.94 2. NDG is a firm financed with 45 percent debt and 55 percent equity. What is the equity multiplier? Show your calculations! 100% 55% 45% 1.82 3. A firm’s total current liabilities increased from 200 to 220 within a year....
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT