WebCurrent assets = Cash + Accounts receivable + inventory + short-term investments + prepaid insurance Current assets = 60,000 + 114,000 + 138,000 + 80,000 + 2,000 = 394,000 Current liabilities = liabilities to be paid in one year or operating cycle, whichever is longer. Current liabilities = Accounts payable + Notes payable (short-term) WebVerified answer. accounting. Use the following excerpts from Eagle Company’s financial records to determine net cash flows from financing activities. Acquired new plant assets $ 18,000 Borrowed from bank, note payable 40,000 Declared and paid dividends to shareholders 15,000. Verified answer.
Because of the updating current values of assets and liabilities ...
WebThe firm's current liabilities equal $5,340,000 such that the firm's current ratio equals 2.3. The company's managers want to reduce the firm's cash holdings down to $1,170,000 by … WebApr 10, 2024 · Current assets are short-term assets either in form of cash or a cash equivalent which can be liquidated within 12 months or within an accounting period. They are short-term resources of a business and are … subway 11th street
Solved The King Carpet Company has $2,830,000 in cash and
WebThe balance sheet identity shows that stockholders' equity equals assets ___________ liabilities. Current assets minus current liabilities. Net working capital equals __________________. $50 If a firm's current assets equal $200 and its current liabilities equal $150, then its net working capital equals ________________. WebTrue. The basic balance sheet identity can be written as Net working capital + Fixed assets = Long-term debt + ______. equity. Sources of cash can involve increasing a (n) ______ account. - liability. - equity. Short-term finance is concerned with current assets and current liabilities, whereas long-term finance is concerned with ___. - capital ... WebCommon-size percent (%) = (Analysis amount/Base amount) X 100. The usual base amount for a common-size income statement. Revenue. (net sales) The usual base amount for a common-size balance sheet. Total assets. (also total liabilities + total equity) How to compute working capital. current assets - current liabilities. subway 123movies