What is value of inventory listed on firms balance sheet

Assignment Help Accounting Basics
Reference no: EM131589480

Question - Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. Cash makes up 48 percent of the current assets and accounts receivable makes up another 28 percent of current assets. Burt's current ratio = .93 times. What is the value of inventory listed on the firm's balance sheet? (Do not round intermediate steps.)

Reference no: EM131589480

Questions Cloud

Determine the fundamental causes of social problems : Policy analysts should research the issues and determine the fundamental causes of social problems such as crime, poverty, or homelessness.
What was lower cases cash flow from operations : The balance in the firm's cash account was $94,000 at the beginning of 2008 and $72,000 at the end of the year. What was Lower Case's cash flow from operations
Compare and contrast what your expert practitioner : Compare and contrast what your expert practitioner had to say with relevant instructional material from this course
How can we predict the next financial crisis : The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. How can we predict the next financial crisis?
What is value of inventory listed on firms balance sheet : Liquidity Ratios Burt's TVs has current liabilities of $25.8 million. What is the value of inventory listed on the firm's balance sheet
Cross price elasticity of demand : Elasticity, explain the distinction between price, income and cross price elasticity of demand illustrate your answer with appropriate formulas.
Define judicial administration section of your final project : submit a draft of the Judicial Administration section of your final project, the scenario analysis
Create an assessment and treatment plan for your client : Create an assessment and treatment plan for your client that includes his/her main problems (including any ethical issues), a prioritization of needs.
What is the maturity risk premium on the treasury security : Question - Determinants of Interest Rate for Individual Securities. What is the maturity risk premium on the 6-year Treasury security

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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