What is the amount of the net new borrowing for the current

Reference no: EM13298413

The balance sheet of a firm shows current liabilities of $62,400 and long-term debt of $205,900 as of last year. Current liabilities are $50,600 and long-term debt is $216,300 as of today, which is the end of the current year. The income statement for the current year displays an interest paid amount of $8,200. What is the amount of the net new borrowing for the current year?

Reference no: EM13298413

Questions Cloud

How much interest will you pay : Suppose you need $ 15 million today and you repay it in six months. How much interest will you pay?

What is sustainable growth rate for bad company, inc. : What is sustainable growth rate for Bad Company, Inc.? If it does grow at this rate, how much new borrowing will take place in the coming year, assuming a constant debt-equity ratio?

Determine how much income is to be taxed : Determine how much income is to be taxed for a sole proprietorship owned by H - partnership owned by L and P with agreement to share all itemsequally. P is guaranteed a salary of $20,000

Difference between grace and glory is one of degree : The medieval said the difference between grace and glory is one of degree,not one of kind. Why does hope look more like "getting to work" rather than "waiting around"?

What is the amount of the net new borrowing for the current : The income statement for the current year displays an interest paid amount of $8,200. What is the amount of the net new borrowing for the current year?

By how much would the monetary base change : If the Fed bought $3.5 billion in government securities and the public withdrew $2.0 billion from their transactions deposits in the form of cash, by how much would the monetary base change?

How to calculate [oh-] in the aqueous solution : Calculate [OH-] in the following aqueous solution at 25 deg C: [H3O+] = 3.6×10^?2 M? I know you have to divide 1x10^-14 by the 3.6x10^-2 and the answer I got was 2.8x10^-17 but it said my answer is wrong

How many years ago was it produced : Tritium with a half-life of 12.3 years is used to verify the age of expensive brandies. how many years ago was it produced

Our government claims to promote competition : Given that our government claims to promote competition, and that we call ourselves a “free market” (a.k.a. a capitalist society), do you think these requirements are contradictory to these claims? Support your answer with arguments and examples.

User Account

All Pages