What is the amount of the firm net working capital

Assignment Help Financial Accounting
Reference no: EM132971350

Problem 1: Scare Train, Inc. has the following balance sheet statement items: current liabilities of $761,746; net fixed and other assets of $1,601,803; total assets of $3,367,144; and long-term debt of $933,508. What is the amount of the firm's net working capital?

Reference no: EM132971350

Questions Cloud

Why the financial institutions are willing to offer : Explain how he can achieve this and why the financial institutions are willing to offer him a cheaper source of funding
What was the balance of accumulated depreciation : Jacques Ltd purchased a computer for $5 000 on 1 July 2017. What was the balance of accumulated depreciation at 30 June 2019
Explain about the fair value of the net assets : Spokane Ltd. purchased the net assets, How should the difference between the fair value of the net assets acquired and the cost be accounted for by Spokane?
What will be the bailout period for the new machine : The new machine's salvage value is P20,000 in years 1 and 2, and P15,0000 in years 3 and 4. What will be the bailout period (rounded) for the new machine
What is the amount of the firm net working capital : Net fixed and other assets of $1,601,803; total assets of $3,367,144; and long-term debt of $933,508. What is the amount of the firm's net working capital?
Compute for direct origination cost : On May 1, 2020, the Creditor Bank (CB) granted a loan to Bonus Company (BC), Compute for the Direct origination cost and direct origination fee of the loan
Discuss the feasibility of project using the NPV technique : Issue of debentures at a coupon rate of 13%. The issuance cost will be 3%. Discuss the feasibility of project using the NPV technique
What are the advantages of government securities : What are the advantages and disadvantages of Government Securities? Enumerate and explain the risks inherent in Government Securities
Compute gross profit rate for the year : Compute Gross Profit Rate for the year. Mayflower Supply House had gross sales revenue of $1,700,000, cost of goods sold of $950,000

Reviews

Write a Review

Financial Accounting Questions & Answers

  Determine the total predetermined oh rate

Determine the cost formula for total factory overhead in the format of y = a + bX. -  Determine the total predetermined OH rate for each possible overhead application base.

  Calculate cash flows related to working capital

Mary is considering opening a grocery store. The store is expected to generate revenues of $200,000, $250,000, $260,000, $250,000 and $200,000 during year 1, year 2, year 3, year 4, and year 5 respectively. Mary plans to operate the store for 5 years..

  Provide a best case scenario of same financial projection

Provide a best- and worst-case scenario of the same financial projections based on the 5G super cycle. As Apple rolls out their 5G supported iPhone 12,30

  What is the probability that the storage unit complex

What is the probability that the storage unit complex will take between 20 and 25 days to construct?

  Calculate diluted earnings per share for the year ended

The company had revenues of $73,600 and expenses of $42,800 for 2020, Calculate diluted earnings per share for the year ended

  What are the ethical issues involved

Czeslaw Corporation can purchase the patent from the outside firm and record the expenditure as an asset. What are the ethical issues involved

  Compute what is required rate of return on market

Compute what is the required rate of return on the market? Fiske Roofing Supplies' stock has a beta of 1.23, its required return is 9.00%, and risk-free rate.

  Find what amount initially recognized as exploration asset

What amount should be initially recognized as exploration asset? Road and infrastructures to access exploration site 3,500,000.

  How roa is computed as

How ROA is computed as?Which of the following items can be considered as a persistent income statement item for analysis purposes?

  Impact on unrestricted funds

What would be the balances, at the end of 2014, 2015, and 2016, in the center's (1) permanently restricted endowment fund and (2) related temporarily restricted fundfi Also indicate any impact on unrestricted funds.

  Find and identify the type of each adjusting entry

Four types of adjusting entries are described at the beginning of the chapter. Using these descriptions, identify the type of each adjusting entry.

  Find what is maximum price should be willing to pay

If you require a 5.75% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for this bond?

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