What is the book value of shareholders equity

Assignment Help Finance Basics
Reference no: EM133001182

Six years ago, Thompson Distributors purchased a mailing machine at a cost of $368,000. This equipment is currently valued at $172,200 on today's statement of financial position but could actually be sold for $211,400. This is the only fixed asset the firm owns. Net working capital is $121,000 and long-term debt is $82,500. What is the book value of shareholders' equity? Show calculations in detail

Reference no: EM133001182

Questions Cloud

Calculate the current net pay of the couple : You are to write a client report (2500 words) for the Vine family that covers the following: 1. A financial plan for Fergus and Felicity. (60 marks- see below f
Anticipating a decrease in interest rates : An investor whose primary investment objective is Capital appreciation is anticipating a decrease in interest rates. Which of the following bonds would she most
Estimate the current total value of ace corp : ACE Corp was formed five (5) years ago by the original founders and some venture capitalists (VC) with five million shares, three million held by the VCs priced
Compute the fixed overhead spending variance for the year : Compute the fixed overhead spending variance for the year. The Atlanta Company uses a standard cost system in which manufacturing overhead.
What is the book value of shareholders equity : Six years ago, Thompson Distributors purchased a mailing machine at a cost of $368,000. This equipment is currently valued at $172,200 on today's statement of f
Creating a draft dashboard for a business problem : Creating a draft dashboard for a Business Problem - Given a business problem and data, start to create visualisations and a dashboard in preparation
What is the expected dividend per share of stock : The required return on the market portfolio is 12 percent. The beta ofstock X is 2.0. The required return on the stock is 18 percent. The expected dividend grow
What bis would : To record the write-off of these variances at the end of the accounting period, Bis would? Fixed manufacturing overhead spending variance $30,000 unfavorable
Calculate the invoice price of the bond today : A semiannual bond with a coupon rate of 6% made its most recent $30 payment on 7/15/2021. The YTM is 6%. Calculate the invoice price of the bond today.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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