What is the company debt to tangible net worth

Assignment Help Accounting Basics
Reference no: EM132717863

Question: A firm has total assets of $220,000, long-term liabilities of $60,000, short-term liabilities of $20,000 and total equity of $140,000. What is the company's debt to tangible net worth if the company has $10,000 in goodwill and no other intangible assets? The response must be typed, double spaced, times new roman, font size 12 and must follow APA format.

Reference no: EM132717863

Questions Cloud

Which project provides the greater net present value : Acme Company is evaluating two projects with unequal lives. Project 1 requires original investment of $50,000. Which project provides greater net present value
Added value to strategic supply relationships : Partnerships may bring added value to strategic supply relationships, and have been described using seven factors.
Find what volume of pizza sticks is : Find what volume of pizza sticks is he indifferent about renting or buying the cart? Link wants to make $100,000 after tax on his new venture
Determine the net present value for the project : Determine the net present value for the project, using a minimum rate of return of 6% and the present value of an annuity table appearing in this chapter
What is the company debt to tangible net worth : A firm has total assets of $220,000, long-term liabilities of $60,000, short-term liabilities of $20,000 and total equity of $140,000.
Find how much is the total cost for super duper corporation : Find How much is the total cost? Super Duper Corporation spent $55,000 for rent on a production facility, $5,000 for raw material
Tax classification of business enterprises : Tax Classification of Business Enterprises - Requires a partnership to determine its own taxable income and provides rules designed to preserve the character
About your hypothetical business : Briefly remind us about your hypothetical business (the one you have created for your four assignments) and your target audience.
What is the company cash conversion efficiency : A company has net working capital of $450,000, revenues for the period of $180,000, and $15,000 in net cash flows from operations. What is this company's cash.

Reviews

Write a Review

Accounting Basics Questions & Answers

  The following transactions occurred during 2011 assume that

the following transactions occurred during 2011. assume that depreciation of 10 per year is charged on all machinery

  Prepare a differential analysis report comparing operations

Prepare a differential analysis report comparing operations utilizing the new machine with operations using the present equipment

  Calculate the present value at each interest rate

Calculate the cost-benefit ratio and explain whether the ratio is positive or negative - If positive, explain if you would replace a portion of the coal-burning operation or the whole operation? Why or why not?

  Prepared an adjusting entry to record the accrued interest

Prepared an adjusting entry to record the accrued interest on the Lee note

  Discuss what is the cost of goods available for sale

Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale

  March 1 issued 200000 face value second morgage 8 bond for

march 1 issued 200000 face value second morgage 8 bond for 218040 including accrued interest.interest is payable

  Prepare journal entries to account for year-end adjustments

Prepare journal entries to account for all year-end adjustments. Prepare a Statement of Comprehensive Income for year ended 30 June 2019

  Prepare a schedule to compute equivalent units of production

Prepare a schedule to compute equivalent units of production by cost component assuming the weighted average method

  Answer the questions assuming that the exchange

Refer to the situation described in BE 10-12. Answer the questions assuming that the exchange lacks commercial substance.

  What adjusting entry is required at the end of June

Invoices representing $5000 of services performed during the month have not been recorded as of June 2019. What adjusting entry is required at the end of June

  How accounts receivable would be presented on balance sheet

Larkspur Corporation operates in an industry that has a high rate of bad debts. How accounts receivable would be presented on balance sheet

  Determine net income to be reported

Determine net income to be reported for 2015, 2016, and 2017, after giving effect to the change in accounting principle

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