Question

In: Accounting

1- A) Find net fixed assets ANS: 99586 B) invested capital ANS: 58311 QUESTION: Cash &...

1- A) Find net fixed assets ANS: 99586

B) invested capital ANS: 58311

QUESTION:

Cash & Equivalents	31499
Short Term Investments	11044
Cash & Equivs & ST Investments	42543
Receivables (ST)	-
Inventories	10271
Current Tax Assets	-
Other Current Assets	0
Total Current Assets	52814
Gross Property Plant & Equip	-
Accumulated Depreciation	-
Net Property Plant & Equip	40707
Receivables (LT)	114497
Assets Held for Sale (LT)	-
Long Term Investments	2579
Intangible Assets	5945
Deferred LT Assets	5881
Discontinued Ops (LT Asset)	-
Other Assets	47053
Total Assets	269476
Accounts Payable & Accrued Exps	23036
Accounts Payable	-
Accrued Expenses	23036
Current Debt	59904
Other Current Liabilities	28510
Total Current Liabilities	111450
LT Debt & Leases	94428
Pensions & OPEB	24934
Discontinued Ops (LT Liab)	-
Deferred LT Liabilities	7405
Minority Interests	1122
Other Liabilities	17180
Total Liabilities	256519
Temporary Equity	-
Common Share Capital	19
Additional Paid-In Capital	4872
Retained Earnings	12461
Accum Other Comprehensive Income	-3562
Treasury Stock	833
For Curr Trans (BS)	-
Other Equity	0
Total Equity	12957
Total Liabilities & Equity	269476

Expert Solution

Calculation of net fixed asset:

Total assets269476

Less: current assets52814

Less: receivables(LT)114497

Less: long-term investments2579

Net fixed asset99586

Note: when there are long term receivables, it shall be treated as a long term investment instead of a fixed asset.

Gross Property Plant & Equip Nil

Net Property Plant & Equip 40707

Assets Held for Sale (LT) Nil

Intangible Assets 5945

Deferred LT Assets 5881

Discontinued Ops (LT Asset) Nil

Other Assets47053

Gross fixed asset99586

Less: Accumulated Depreciation Nil

Net fixed asset 99586

Note: company’s investments are taken under the head of investment in balance sheet

ekkarill92 answered 1 year ago

1- A) Find net fixed assets ANS: 99586 B) invested capital ANS: 58311 QUESTION: I HAVE...

1- A) Find net fixed assets ANS: 99586 B) invested capital ANS: 58311 QUESTION: I HAVE THE ANSWERS I WANT TO KNOW HOW I SHOULD GET THEM Cash & Equivalents 31499 Short Term Investments 11044 Cash & Equivs & ST Investments 42543 Receivables (ST) - Inventories 10271 Current Tax Assets - Other Current Assets 0 Total Current Assets 52814 Gross Property Plant & Equip - Accumulated Depreciation - Net Property Plant & Equip 40707 Receivables (LT) 114497 Assets Held for...

Net capital spending is equal to: ending net fixed assets minus beginning net fixed assets plus...

Net capital spending is equal to: ending net fixed assets minus beginning net fixed assets plus depreciation. ending total assets minus beginning total assets plus depreciation. ending net fixed assets minus beginning net fixed assets minus depreciation. beginning net fixed assets minus ending net fixed assets plus depreciation.

A project will require $450,000 for fixed assets and $58,000 for net working capital. The fixed...

A project will require $450,000 for fixed assets and $58,000 for net working capital. The fixed assets will be depreciated straight-line to a zero book value over the five-year life of the project. At the end of the project, the fixed assets will be worthless. The net working capital returns to its original level at the end of the project. The project is expected to generate annual sales of $875,000 and costs of $640,000. The tax rate is 20 percent...

You find the following financial information about a company: net working capital = $1,032; fixed assets...

You find the following financial information about a company: net working capital = $1,032; fixed assets = $6,089; total assets = $8,542; and long-term debt = $4,567. What are the company's total liabilities?

Question: What is the net cash provided by operating activities? Assets Cash &nbsp

Question: What is the net cash provided by operating activities? Assets Cash $500,000 Accounts Receivable 700,000 Inventory 300,000 Property, Plant & Equipment 900,000 Accumulated Depreciation (100,000) Total Assets $2,300,000 Liabilities & Equity Accounts Payable $300,000 Notes Payable 1,000,000 Common Stock 500,000 Retained Earnings 500,000 Total Liabilities & Equity $2,300,000 Journal Entries for January 2013 Transaction 1: Sales Return The buyer returns merchandise to...

Question: What is the net increase in cash for the period? Assets Cash &nbs

Question: What is the net increase in cash for the period? Assets Cash $500,000 Accounts Receivable 700,000 Inventory 300,000 Property, Plant & Equipment 900,000 Accumulated Depreciation (100,000) Total Assets $2,300,000 Liabilities & Equity Accounts Payable $300,000 Notes Payable 1,000,000 Common Stock 500,000 Retained Earnings 500,000 Total Liabilities & Equity $2,300,000 Journal Entries for January 2013 Transaction 1: Sales Return The buyer returns...

Teddy's Mattress had beginning net fixed assets of $812 and ending net fixed assets of $1,243. Depreciation was $79

Teddy's Mattress had beginning net fixed assets of $812 and ending net fixed assets of $1,243. Depreciation was $79. What is the amount of net capital spending? Group of answer choices$352$740-$352$510

year 2016 current assets cash 8814 accounts receivable 22053 inventory 38422 total 69289 fixed assets net...

year 2016 current assets cash 8814 accounts receivable 22053 inventory 38422 total 69289 fixed assets net plant equipment 216790 total asset 286259 liabilities and owners equity current liability accounts payable 42498 not payable 19064 total 61562 long term debt 25600 owners equity common stock and paid in surplus 39600 accumulated retain earnings 159497 total 199097 total liability and owners equity 286259 finding common size

QUESTION 1 Cash outlays for capital assets include all the following EXCEPT: The original purchase price...

QUESTION 1 Cash outlays for capital assets include all the following EXCEPT: The original purchase price The annual operating costs The salvage value All of the above 1 points QUESTION 2 Which of the following capital budgeting methods ignores the time value of money? Internal rate of return Net present value method Payback method All of the above consider the time value of money 1 points QUESTION 3 SkiTime Photos plans to spend $74,400 for a new machine,...

Which of the following is a source of cash? 1. The purchase of new fixed assets....

Which of the following is a source of cash? 1. The purchase of new fixed assets. 2. Dividends paid. 3. The repurchase of outstanding common stock. 4. A decrease in long-term debt. 5. A decrease in inventory.