Calculate total current assets

Assignment Help Accounting Basics
Reference no: EM131660680

Question - The following information is taken from the records of Ginger Corporation:

Accounts Payable$19,000

Short-Term Investment$12,000

Land$52,000

Cash$23,000

Factory Equipment$29,000

Loans Payable$30,000

Office Furniture$18,000

Prepaid Expense$9,000

Unearned Revenue$6,000

Do not enter dollar signs or commas in the input boxes.

Required -

a) Calculate total current assets.

b) Calculate total long-term assets.

c) Calculate total assets.

Reference no: EM131660680

Questions Cloud

What is the present value of an annuity : What is the present value of an annuity of $6,200 per year, with the first cash flow received three years from today and the last one received 25 years.
Discuss the european union effort at monetary union : Discuss the European Union's effort at monetary union. Which countries are participating? How might that affect these countries?
Create a full-sentence outline for your final paper : For this activity, create a full-sentence outline for your final paper. Each sentence will act as a topic sentence for a new paragraph in your paper.
Should the delaware court grant shriver request : What effect did the LLC Agreement have on the CF? Did Martinez's unilateral act reestablish Grupo's LLC status?
Calculate total current assets : Question - The following information is taken from the records of Ginger Corporation: Calculate total current assets
Discuss a patient has a thyroidectomy : A patient has a thyroidectomy. What are nursing assessments and interventions for this patient
Cullumber company issues : Cullumber Company issues $370,000, 20-year, 7% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2017.
Can brothers avoid personal liability for tort of employee : Baxter then learned that no state authorization had ever been issued to Gomez Corp., so he sued each of the brothers personally for damages.
Evaluate public health policies and practices : Evaluate public health policies and practices as they relate to legal and ethical implications for individuals and populations.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd