Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565;

Killer Whale, Inc. has the following balance sheet statement items: total current liabilities of $659,565; net fixed and other assets of $1,517,190; total assets of $3,024,337; and long-term debt of $945,015. What is the amount of the firm’s current assets?

Expert Solution

Firm current assets =

Total assets - Net fixed and other assets

=3,024,337-1,517,190

=$1,507,147

jeff jeffy answered 2 years ago

Your firm has the following balance sheet statement items: total current liabilities of $805,000; total assets...

Your firm has the following balance sheet statement items: total current liabilities of $805,000; total assets of $2,886,875; net fixed assets of $1,842,823; and long-term debt of $200,000. What is the amount of the firm's total current assets?

Scare Train, Inc. has the following balance sheet statement items: current liabilities of $847,569; net fixed...

Scare Train, Inc. has the following balance sheet statement items: current liabilities of $847,569; net fixed and other assets of $1,542,574; total assets of $3,360,467; and long-term debt of $704,043. What is the amount of the firm’s net working capital?

Your firm has the following data from the balance sheet: The current liabilities $ 805,000 Total...

Your firm has the following data from the balance sheet: The current liabilities $ 805,000 Total assets $ 2,655,000 Fixed and other assets $ 1,770,000 Long term debt $ 200,000 a. what is the amount of current assets? b. What is the amount of stockholders equity of the firm? c. What is the amount of Net working capital of the firm?

Which of the following items can be found on a firm’s balance sheet under current liabilities?...

Which of the following items can be found on a firm’s balance sheet under current liabilities? Accounts receivable. Depreciation. Accounts payable. Cash. Marketable securities.

Your company has the following balance sheet characteristics: Total Assets = $1,000,000,000; Current Liabilities = $100,000,000;...

Your company has the following balance sheet characteristics: Total Assets = $1,000,000,000; Current Liabilities = $100,000,000; Long Term Debt = $300,000,000; Current Book Value Equity = $600,000,000; Shares Outstanding = 80,000,000; Current Market Price, P0 = $30: What is the current Book Value per share (Book Value), the current Market Value per Share and the Market Value Added per share? Does your firm create wealth for stockholders? Book Value per Share = Market Value per Share = Market Value Added...

Parmlee Inc. has several assets and liabilities on its balance sheet. For each of the items...

Parmlee Inc. has several assets and liabilities on its balance sheet. For each of the items below, decide whether it is a current asset (CA), current liability (CL), long-term asset (LTA), long-term liability(LTL), or contra-liability (COL). CA/CL/LTA/LTL/COL a. 15 year lease obligation a. ________ b. Amounts owed to the utility company b. ________ c. building owed by the company c. ________ d. Current portion of long-term debt d. ________ *can you please write the answer not...

Megalopolis Bank has the following balance sheet and income statement. Balance Sheet (in millions) Assets Liabilities...

Megalopolis Bank has the following balance sheet and income statement. Balance Sheet (in millions) Assets Liabilities and Equity Cash and due from banks $ 9,400 Demand deposits $ 23,000 Investment securities 27,000 NOW accounts 93,000 Repurchase agreements 46,000 Retail CDs 32,000 Loans 94,000 Debentures 23,000 Fixed assets 19,000 Total liabilities $ 171,000 Other assets 4,400 Common stock 12,000 Paid-in capital 4,000 Retained earnings 12,800 Total assets $ 199,800 Total liabilities and equity $ 199,800 Income Statement Interest on fees and...

if the following items are on a balance sheet. howmuch are the total assets of...

if the following items are on a balance sheet. how much are the total assets of the company?plant and equipment $41,800common stock $15,000cash $7,900inventory $23,000bad debt reserve $6,000additional paid in capital $6,000accumulated depreciation $25,300accounts receivables $22,000what the total assets?

Calculate total current assets and total current liabilities that would appear in the company’s year-end balance sheet.

The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2018, the end of its fiscal year:cash, $16,000accounts receivable, $11,000inventories, $25,000equipment (net), $80,000accounts payable, $14,000wages payable, $9,000interest payable, $1,000note payable (due in 18 months), $30,000common stock, $50,000Calculate total current assets and total current liabilities that would appear in the company’s year-end balance sheet.

Snow Inc. has the following items in its current balance sheet: Common Stock 10,000,000 shares authorized...

Snow Inc. has the following items in its current balance sheet: Common Stock 10,000,000 shares authorized with 2,000,000 issued $6,000,000 Capital Surplus $24,000,000 Treasury Stock on Common 100,000 shares $6,000,000 Cumulative Preferred Stock 500,000 authorized [2%] $100 par $8,000,000 Treasury Stock on Preferred Stock 10,000 shares $6,000,000 Retained Earnings $60,000,000 Snow Inc. wishes to announce a total cash dividend of $40,000,000. How is this dividend to be split between the common and preferred stockholders? What is the dividend per share...

Question