Based only on the following information for Thrice Corp., did cash go up or down? By...

Based only on the following information for Thrice Corp., did cash go up or down? By how much? Classify each event as a source or use of cash. Decrease in inventory $470 Decrease in accounts payable 130 Increase in notes payable 730 Increase in accounts receivable 250

Cash increased by $820
Cash decreased by $1,580
Cash increased by $1,320
Cash increased by $1,080
Cash decreased by $820

Jack Corp. has a profit margin of 9.70 percent, total asset turnover of 1.50, and ROE of 18.61 percent. What is the firm's debt-equity ratio?

Wims, Inc., has current assets of $4,800, net fixed assets of $18,500, current liabilities of $4,300, and long-term debt of $7,600.

0.78
0.31
0.25
0.28
0.03

a.	What is the value of the shareholders' equity account for this firm?

b.	How much is net working capital?

Expert Solution

jeff jeffy answered 1 year ago

You are given the following information for Thrice Corp

You are given the following information for Thrice Corp.: Decrease in inventory $ 590 Decrease in accounts payable 245 Increase in notes payable 230 Increase in accounts receivable 260

You are given the following information for Thrice Corp.: Decrease in inventory $ 480...

You are given the following information for Thrice Corp.: Decrease in inventory $ 480 Decrease in accounts payable 190 Increase in notes payable 175 Increase in accounts receivable 205 Did cash go up or down? By how much? Classify each event as a source or use of cash. A decrease in inventory is a . A decrease in accounts payable is a . An increase in notes payable is a . An increase in accounts receivable...

A stock with current price of $30 can only go up or down by $2 each...

A stock with current price of $30 can only go up or down by $2 each month. The probability that the stock goes up in price is 60% each month. The continuously compounding interest rate is 3% p.a. Use a binomial tree with 2 time steps to price an American put option with a strike of $32. Compute the value by setting up delta-hedged portfolios along the way and working out the cost.

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $300,000;...

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $300,000; Patents and copyrights = $790,000; Accounts payable = $390,000; Accounts receivable = $159,000; Tangible net fixed assets = $3,100,000; Inventory = $195,000; Notes payable = $180,000; Accumulated retained earnings = $1,215,000; Long-term debt = $1,430,000. What is the common stock account balance for the company? ( show your work please) Multiple Choice $1,329,000 $1,129,000 $1,791,000 $1,529,000 $1,689,000

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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $260,000; Patents and copyrights = $690,000; Accounts payable = $350,000; Accounts receivable = $179,000; Tangible net fixed assets = $4,300,000; Inventory = $255,000; Notes payable = $180,000; Accumulated retained earnings = $1,365,000; Long-term debt = $1,530,000. What is the common stock account balance for the company?

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $140,000;...

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $140,000; Patents and copyrights = $630,000; Accounts payable = $218,000; Accounts receivable = $107,500; Tangible net fixed assets = $1,650,000; Inventory = $299,500; Notes payable = $165,000; Accumulated retained earnings = $1,252,000; Long-term debt = $858,000.

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Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $142,000;...

Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash = $142,000; Patents and copyrights = $630,000; Accounts payable = $219,500; Accounts receivable = $162,500; Tangible net fixed assets = $1,655,000; Inventory = $300,500; Notes payable = $115,000; Accumulated retained earnings = $1,248,000; Long-term debt = $860,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.)

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