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What is the value of current liabilities

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Q1. Dingly Inc. paid interest of $20 this year. It has a beginning and ending total debt balances of $340 and $360. The beginning long-term debt is $180 and ending long-term debt is $210. What is the amount of the cash flow to creditors?

Q2. Based on the following information, calculate stockholders' equity: cash = $30; total current liabilities = $80; accounts receivable = $30; inventory = $90; net fixed assets = $220; accounts payable = $20; long term debt = $50.

Q3. Your best friend Pasquale just purchased a used car. He has entered into a five year agreement where he will pay $6,000 at the end of each year. If the discount rate is 6%, how much did Pasquale pay for the car?

Q4. Mylex has current assets of $95, net fixed assets of $250, long-term debt of $45, and owners' equity of $200, what is the value of current liabilities if that is the only other item on the statement of financial position?

Reference no: EM132986177

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