What is the amount of current liabilities

Assignment Help Accounting Basics
Reference no: EM133155490

Question - A firm has $768 in inventory, $1,490 in fixed assets, $538 in accounts receivable, $306 in net working capital, and $171 in cash. What is the amount of current liabilities?

Reference no: EM133155490

Questions Cloud

Compute the margin for magnetic imaging corporation : Selected financial information for Magnetic Imaging Corporation is shown below. Sales $17,900,000. Compute the margin for Magnetic Imaging Corporation
What is kim total profit on these three stocks : Kim placed an order with her broker for 500 shares of each of three IPOs being offered this week. What is Kim total profit on these three stocks
What the irrelevant costs in boise''s outsourcing decision : If Boise were to use the outside consultant, fixed operating costs would be reduced by 70%. What the irrelevant costs in Boise's outsourcing decision total
Demonstrate your knowledge of HTML5 : Demonstrate your knowledge of HTML5, CSS3 and JavaScript independently and without the assistance of automated development and visual design tools
What is the amount of current liabilities : A firm has $768 in inventory, $1,490 in fixed assets, $538 in accounts receivable, $306 in net working capital, What is the amount of current liabilities
How would a more efficient banking system benefit china : As of 2006, China's banks were estimated to hold $900 billion in bad loans, How would a more efficient banking system benefit China
What are your estimates of the total depreciable life : An accumulated depreciation of $300,000, and an annual depreciation expense of $100,000. What are your estimates of the total depreciable life
How many units will hartl have to sell next year : Hartl Corporation is a single product firm with the following selling price and cost structure for next year: How many units will Hartl have to sell next year
Journalize the transactions of may : On November 14, Buzz Off sold the remaining shares at $8 per share. Journalize the transactions of May 27, August 3, and November 14.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the long-term investments section of balance sheet

Prepaid Rent $5,470, Debt Investments (to be held to maturity until 2023) $69,500, Prepare the long-term investments section of the balance sheet

  Calculate the monthly financial advantage

Calculate the monthly financial advantage (disadvantage) to Benner Stores ofgi Store B and label whether it is an advantage or disadvantage

  Calculate gross pay for each of the employees

Calculate gross pay for each of the following employees. All are paid an overtime wage rate that is 1.5 times their respective regular wage rates

  Prepare the journal entry to record income taxes

Prepare journal entry to record income taxes in 2022 assuming pretax accounting income is $288 million. No additional temporary differences originate in 2022

  Prepare the journal entries to record the share issues

Prepare the journal entries to record the above share issues. Prepare the shareholders equity part of the balance sheet in Dec 31, 2018

  Company reported income in 2011 of 5000000 and

company reported income in 2011 of 5000000 and stockholdersu2019 equity at december 31 2011 of 40000000. the cfo of s.

  How the item impacted net income include a summary

Include a summary of how that item impacted net income (or net loss) and why there is an adjustment necessary to determine cash from operations.

  What value will the accounts receivable

What value will the accounts receivable (debtors) be recorded for in the balance sheet on 31 August and why

  What is the avoidable interest

Crane Company borrowed $2,900,000 on March 1 on a 5-year, 12% note to help finance construction of the building. What is the avoidable interest

  How much is the shareholder net income after taxes

How much is the shareholder's net income after taxes from the dividend? How much of the corporation's net income is paid out as a dividend?

  Draft a memo for the file outlining

Caleb Samford calls you and says that his two-person S corporation was involuntarily terminated in February 2010. He asks you if they can make a new S election now, in November 2011. Draft a memo for the file outlining what you told Caleb.

  Write on will be berkshire hathaway

Provide a brief overview of your company. What industry is it in? What are its main products or services? Who are its competitors?

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