What is the outcome of your assessment

Assignment Help Financial Accounting
Reference no: EM131707053

You have been hired by ABC Company to determine the total market value of its assets. You started off by looking at its current Balance Sheet. Total assets, cash and receivables are $23,000, $3,000 and $4,200 respectively. Current market value of fixed assets is $17,400. The firm has some inventory worth $6,900 today. Assuming that these are all the firm's assets, what is the outcome of your assessment?

Reference no: EM131707053

Questions Cloud

Describe the native conformation of this protein : Describe the native conformation of this protein in terms of the number of subunits present and their molecular weight
How they manifest in the social world : What is the definition of the terminologies below and can you give examples of how they manifest in the Social World.?
How your organization processes can be improved : Write in your own words a 700-word paper that assesses the steps of the sourcing process as it relates to your current organization or one you are familiar.
Does cohabitation cause divorce : 1. Does cohabitation "cause" divorce? Why or why not?
What is the outcome of your assessment : The firm has some inventory worth $6,900 today. Assuming that these are all the firm's assets, what is the outcome of your assessment?
We need to learn some new terminology : What are slang, cant, jargon, and argot? Have you ever used specialized language and had the person you were talking to look confused?
Discuss about the data collection and data analysis section : Analysis of the five elements form the Body of your paper, while your purpose, to critique the article, analyzing its strengths and weaknesses.
Discuss what are three sorts of actions that might be taken : If an oceanic fishery collapses from overfishing, what are three sorts of actions that might be taken to help the fishery recover
Best accounting-based measure of a firms profitability : The appropriate standard for comparison of financial ratios probably should be the - The quick ratio is the same as current ratio except it does not consider

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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