Assets be reported on the balance sheet

Assignment Help Financial Management

Reference no: EM131178015

Petra, Inc. has $400,000 in current assets, $1.25 million in plant and equipment, and $250,000 in goodwill. In what order should these assets be reported on the balance sheet?

A) plant and equipment, currents assets, goodwill

B) goodwill, plant and equipment, current assets

C) there is no correct ordering of these assets on the balance sheet

D) current assets, plant and equipment, goodwill

Reference no: EM131178015

Questions Cloud

Unusual bond-remaining until maturity if yield to maturity : Junkman's Warehouse and Storage Company has an unusual bond outstanding with exactly 10 years remaining until maturity and a face value of $1,000. The bond is unusual because the annual coupon payments remaining are $50 for the next five years and $1..

What is the net working capital for benson bakeries : Benson Bakeries generated net income of $250,000 on total revenues of $525,000 this year. At year end, the company had accounts receivable of $35,000, accounts payable of $52,500, inventory of $58,000, cash of $50,000, and short-term notes payable of..

What is the total rate of return for the year : One year ago, you purchased an annual coupon bond for $817.84. At that time the bond had a maturity of 15 years, a face value of $1,000, a coupon rate of 5%, and a yield to maturity of 7%. One year later, the yield to maturity increased to 7.5%. What..

What will be the change in the percentage terms : A corporate bond with a 7.550 percent coupon has fourteen years left to maturity. It has had a credit rating of BB and a yield to maturity of 9.8 percent. The firm has recently become more financially stable and the rating agency is upgrading the bon..

Assets be reported on the balance sheet : Petra, Inc. has $400,000 in current assets, $1.25 million in plant and equipment, and $250,000 in goodwill. In what order should these assets be reported on the balance sheet?

What would the return on the equity be after the refinancing : NEWT Company is located in a country where there are no taxes and there are perfect capital markets so that there are no bankruptcy costs. The corporation currently has $25 million in debt outstanding and the value of its equity is $75 million. What ..

Excellent job saving for retirement : Caleb Brewster did an excellent job saving for retirement. He was able to save $1,000,000 in an account that pays 12 percent per year. His plan was to eventually withdraw all his money by paying himself in equal installments every month during his 20..

Marketing and survey research : Should Gold Coast Institute of TAFE consider the survey design for their marketing research? Gold Coast TAFE Tender represents an invitation for offering aspects related to the brand evaluation of the Gold Coast Institute of TAFE. Now, when it comes ..

How much was the gain and loss on the stock sale : Dave is sitting with his friend Bob and he tells Bob he is going to propose to his girlfriend in the next few weeks. He also tells Bob that he recently found a stock certificate that was given to him on his 1st birthday, which was 1/11/82. The Stock ..

User Account

All Pages