The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $640,000, and total common equity of $1.5 million. The firm also has accounts payable and accruals of $100,000 on its balance sheet. What is the company’s total debt? Your answer should be between 670,000 and 990,000, rounded to even dollars (although decimal places are okay), with no special characters.
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Kobe Capital Corp. recently reported $19,500 of sales, $7,60…
Kobe Capital Corp. recently reported $19,500 of sales, $7,600 of operating costs other than depreciation, and $1,750 of depreciation. It had $9,000 of bonds outstanding that carry a 7.0% interest rate, and its income tax rate was 40%. How much was the firm’s earnings before taxes (EBT)? Your answer should be between 8505 and 10280, rounded to even dollars (although decimal places are okay), with no special characters.
Sally is thinking about starting a new business. The compan…
Sally is thinking about starting a new business. The company would require $700,000 of assets, financed with 40% debt and 60% equity. She will go forward only if she thinks the firm can provide an ROE of at least 15.5%. Operating at a profit margin of 12%, what is the minimum amount of sales that must be expected to support starting the business? Your answer should be between 472000 and 595000, rounded to even dollars (although decimal places are okay), with no special characters.
McEwen Mining recently reported $130,000 of sales, $67,000 o…
McEwen Mining recently reported $130,000 of sales, $67,000 of operating costs other than depreciation, and $10,200 of depreciation. The company had $20,000 of outstanding bonds that carry a 6% interest rate, and its tax rate was 35%. How much was the firm’s net income? Your answer should be between 25334 and 36870, rounded to even dollars (although decimal places are okay), with no special characters.
The assets of Dallas & Associates consist entirely of curren…
The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.5 million and net plant and equipment equals $2 million. It has notes payable of $150,000, long-term debt of $650,000, and total common equity of $1.5 million. The firm also has accounts payable and accruals of $100,000 on its balance sheet. What is the company’s total debt? Your answer should be between 670,000 and 990,000, rounded to even dollars (although decimal places are okay), with no special characters.
Compute the complement rate and the net price using the comp…
Compute the complement rate and the net price using the complement method. List Trade Complement Net Price Discount Rate Price $4,250 35% __________ __________
Compute the missing term. Dollar Selling Cost Mark…
Compute the missing term. Dollar Selling Cost Markup Price $725.50 $424.50 _______
Each of the following is a narrator in this book EXCEPT…
Each of the following is a narrator in this book EXCEPT…
Compute the missing term. Dollar Selling Cost Mark…
Compute the missing term. Dollar Selling Cost Markup Price ______ $349.28 $775.50
Which of the following is a hobby that Oskar uses to deal wi…
Which of the following is a hobby that Oskar uses to deal with his emotions?