Compute value of inventory listed on firm balance sheet

Reference no: EM131948708

Question: Brenda's Bar and Grill has current liabilities of $22 million. Cash makes up 15 percent of the current assets and accounts receivable makes up another 30 percent of current assets. Brenda's current ratio is 1.8 times Calculate the value of inventory listed on the firm's balance sheet.

Reference no: EM131948708

Questions Cloud

What was the cash flow to stockholders : Brandy's Candies paid $23 million in dividends during 2003, while also making common stock repurchase of $27 million. What was the cash flow to stockholders.

What would you do the second year and why : If you were Brenda, and Vincent asked you to do the same thing you did last year regarding omitting the lottery losses and gains, what would you do this second.

What is happening with bitcoin and ripple price nowadays : What’s happening with bitcoin and ripple price nowadays?

Close to current medium-term market rates : Outline what the manager would do today in the financial futures market in order to secure a return that is close to current medium-term market rates.

Compute value of inventory listed on firm balance sheet : Brenda's Bar and Grill has current liabilities of $22 million. Cash makes up 15 percent of the current assets and accounts receivable makes up another.

What will be the fra agreed rate : What will be the FRA agreed rate? Which party to the FRA will make the compensation payment?

Estimate stand-alone selling price of installation service : Estimate the stand-alone selling price of the installation service using the expected cost plus margin approach. Estimate the stand-alone selling price.

Set up hedging strategy using the futures market : Set up a hedging strategy using the futures market. Show your calculations. Explain the outcomes of the strategy.

Show the net valuation effect of the hedging strategy : Show the net valuation effect of the hedging strategy. In three months’ time: close out the open position.

User Account

All Pages