What is the amount of the total liabilities

Assignment Help Financial Accounting
Reference no: EM132489227

Question 1: A firm has net working capital of $540. Long term debt is $3,410, total assets are $5,340 and fixed assets are $3,720. What is the amount of the total liabilities?

Reference no: EM132489227

Questions Cloud

What is the cash flow to stockholders : What is the cash flow to stockholders? The Atlanta Newsfeed Corporation had net income of $132,700 of which 40 percent was distributed to shareholders
What is consolidated net income attributable : The parent figures contain no income from the subsidiary. What is consolidated net income attributable to Chamberlain Corporation
Journalize the transactions for caracuta corp : Journalize the transactions for Caracuta Corp. presented below. If no entry is required, put "No entry" for the account titles and enter 0 for the amounts
Prepare relevant journal entries relating to the equipment : Prepare relevant journal entries relating to the equipment for the period from 1 January 2016 to 1 July 2018. Indicate the date to each entry
What is the amount of the total liabilities : A firm has net working capital of $540. Long term debt is $3,410, total asset are $5,340 and fixed asset are $3,720. What is the amount of the total liabilities
Determine what is the amount of the net working capital : $132,000 of which 40% is payable within the next year. The firm has net fixed assets of $151,620. What is the amount of the net working capital?
Calculate the Customer Lifetime Value using the NPV approach : The average cost of goods sold per customer on an annual basis for each of the 4 years is $600 per year. Calculate the Customer Lifetime Value using the NPV
Make record the two interest payments : Record issuance of the bonds and record the 2 interest . On the date of authorization, May 1, 2011, the Gaines Corporation issued 10-year, 9 percent bonds
What are the proceeds of the sale : Simple interest rate is 8.32% pa. If the sales occurs 52 days before maturity, what are the proceeds of the sale

Reviews

Write a Review

Financial Accounting Questions & Answers

  Operating activities section of statement of cash flow

During November of Year XXXX, Cooper Company sold 120 units of a product for $375 each. Selling and administrative expenses for the year were $14,000. All transactions were cash transactions. The following information is also available about Cooper's..

  Services traditionally provided by the government employees

Recently, several states have outsourced some of the services traditionally provided by the government employees. In one state, the department of health and human services(Department) has outsourced its electronic benefit transfer services to eFunds,..

  Describe internal control procedures that would be effective

What are the probable consequences of this behavior for the company? For the assistant controller? Describe internal control procedures that would be effective in discouraging and detecting this kind of behavior.

  Question in verifying investing cycle balances a cpa

question in verifying investing cycle balances a cpa identify that the subsequent misstatements may occur or exist1. a

  Complete set of financial statement based on the transaction

Complete a set of financial statements based on the transactions and general ledger from the Phase 4 IP. Explanation of who might use the financial statements.

  The question is on accounting basics about closing process

the question is on accounting basics about closing process in accounting cycle.indicate which of the following accounts

  Statute of limitations for the bad debt deduction

Mike deducts a bad debt on his 2013 tax return. How many years is the statute of limitations for the bad debt deduction?

  What amounts will be allocated to the packaging department

Ring Company allocates the net cost of the company cafeteria to production departments using the direct method based on the number of employees in each department. What amounts will be allocated to the packaging department?

  Prepare a post-closing trial balance at july

Prepare a post-closing trial balance at July 31. Prepare the income statement and a retained earnings statement for July and a classified balance sheet at July 31.

  Explain why the cost to heat our homes

Use the laws of supply and demand to explain why the cost to heat our homes and businesses goes up in the winter time. Be sure to explain your answer fully.

  Determine the balance in the retained earnings account

Determine the balance in the Retained Earnings account as of January 1, 2015 and Determine the balance in the temporary accounts as of January 1, 2014

  Raw materials inventory-wages payable-manufacturing overhead

Following transaction related to manufacturing process during April. Prepare journal entries to record the above transaction in the appropriate place in the general Journal. Post the entries you record to the following T accounts- raw materials inven..

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