Common stock account needs to be calculated

Assignment Help Financial Management
Reference no: EM131047711

You have been asked to build a balance sheet from the following information.

The firm has cash of $190,000, net fixed asset of $3,200,000, account payable of $650,000, accounts receivable of $340,000, retained earnings of $1,900,000, long term debt of $1,500,000, other long term asset of $880,000, inventories of $400,000, and notes payable of $250,000. (Note Common Stock account needs to be calculated).

Reference no: EM131047711

Questions Cloud

Decided to buy house and need to save for down payment : You have decided to buy a house and need to save for the down payment. You have currently $10,000 in an account for that purpose. You estimate you will need to accumulate $80,000 for the down payment at the end of 6 years. If you put down the $80,000..
What is the growth rate of the industry : BUS3ENT Individual Business Plan - What is the size of the market and what is the growth rate of the industry and What external factors come to bear? Government, Industry Dynamics
Explain the costs involved in the creation of the system : Explain the costs involved in the creation of the system. Describe the ongoing maintenance that will be required. Provide a workflow diagram in Visio or equivalent software to illustrate how the system will work.
Bond maturing in two years and priced : You own a 5% bond maturing in two years and priced at 87%. Suppose that there is a10% chance that at maturity the bond will default and you will receive only 40% of thepromised payment. What is the bond's promised yield to maturity? What is its e..
Common stock account needs to be calculated : The firm has cash of $190,000, net fixed asset of $3,200,000, account payable of $650,000, accounts receivable of $340,000, retained earnings of $1,900,000, long term debt of $1,500,000, other long term asset of $880,000, inventories of $400,000, and..
Equal increase in the short-term notes would occur : The Needed Corp has current assets of $2.8 million and current liabilities of $1 million. The firm needs additional inventories and can obtain these inventories by financing them with short-term notes (a current liability). how much additional invent..
Requiring significant technological integration : Nick has been handed a project where he has to implement Online Gaming, requiring significant technological integration. What factors does he need to consider and manage for the project to be a success?
Dividend growth model presented in the text for total return : If we solve the dividend growth model presented in the text for total return, we find that total return is comprised of
Average gross profit margin may result from : A below average gross profit margin may result from

Reviews

Write a Review

Financial Management Questions & Answers

  What is the approximate cost of credit using the APR

Simpson Conglomerates borrows $12,000 for a short-term purpose. The loan will be repaid after 120 days, with Simpson paying a total of $12,400. What is the approximate cost of credit using the APR, or annual percentage rate, calculation?

  Sunk costs concept associated with making capital investment

Define the sunk costs concept associated with making capital investment decisions. Discuss why this concept is important for the investor to factor into the decision-making process.

  What is the annual interest amount for the bond

James McCulloch purchased a 20-year U.S. Treasury bond four years ago for $8,500. The bond paid 3.500 percent annual interest. Four years later he sold the bond for $8,580. What is the annual interest amount for the bond? What is the total interest M..

  Retirement strategy-expected return on the stock fund

Your retirement strategy is to invest 500 per month in an equity mutual fund and 200 per month in a bond fund. Your retirement date is 30 years from now. The expected return on the stock fund is expected to be 8% and the expected return on the bond f..

  What should be the price per share

You are working on the valuation for an upcoming IPO. The company that wants to sell its stock expects the following future free cash flows (FCF, in millions of dollars): -7 in year 1, 7 in year 2, 15 in year 3, and cash flows are expected to grow st..

  What is the yield to maturity of the bond

Suppose the following bond quotes for IOU Corporation appear in the financial page of today’s newspaper. Assume the bond has a face value of $2,000 and the current date is April 19, 2015. What is the yield to maturity of the bond? What is the current..

  A company needs certain type of machine

A company needs a certain type of machine for the next 5 years. They presently own such a machine, which is now worth $6,000 but will lose $2,000 in value in each of the next 3 years, after which it will be worthless and unusable.

  What''s the standard deviation of the firms returns

Returns for the Alcoff Company over the last 3 years are shown below. What's the standard deviation of the firm's returns?

  Explain why passenger tire company might choose product line

A major producer of passenger tires has launched an advertising campaign in which it is trying to market windshield wipers to the public under its brand name, which has been highly successful in the passenger tire market. Explain why the passenger ti..

  How much will you save in interest by making extra payments

Suppose you take out a 30 year mortgage for $ 175000 at 9% interest. The monthly payments on this loan are $ 1408.09. If you pay an extra 10% per month on your mortgage, how soon will you pay off the loan? How much will you save in interest by making..

  Investment will result in additional cash flows

McKenna Sports Authority is getting ready to produce a new line of gold clubs by investing $1.85 million. The investment will result in additional cash flows of $525,000, $817,500, and $1,200,000 over the next three years. What is the payback period ..

  What is the change in price the bond will experience

A 6.15 percent coupon bond with fifteen years left to maturity is priced to offer a 7.3 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.0 percent. What is the change in price the bond will experience in dollar..

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