Use the following balance sheet to answer the question. CFX…

Use the following balance sheet to answer the question. CFX Construction Co. Balance Sheet FY 2016                 Period: 10/01/2012 to 09/30/2013   Assets                         Current Assets:             Cash         $430,000.00     Billed (Not Received)       $100,000.00     Reserve       $7,000.00     Work in Progress       $125,000.00                       Total Current Assets           $662,000.00                 Fixed Assets:             Vehicles   $125,000.00           Accumulated Depreciation   ($80,000.00)   $45,000.00                     Equipment   $2,500,000.00           Accumulated Depreciation   ($1,110,000.00)   $1,390,000.00                     Buildings   $350,000.00           Accumulated Appreciation   $112,000.00   $462,000.00                                     Total Assets           $2,559,000.00                 Liabilities and Capital                 Current Liabilities:             Accounts Payable       $500,000.00     Short Term Expenses and OH       $140,000.00     Payroll Taxes Payable       $145,000.00       Total Current Liabilities           $785,000.00                 Long-Term Liabilities:             Mortgage Payable       $225,000.00       Total Long-Term Liabilities           $225,000.00                 Total Liabilities           $1,010,000.00                                 Net Worth           $1,549,000.00 What is the firm’s total equity?

Use the following balance sheet to answer the question. CFX…

Use the following balance sheet to answer the question. CFX Construction Co. Balance Sheet FY 2016                 Period: 10/01/2012 to 09/30/2013   Assets                         Current Assets:             Cash         $430,000.00     Billed (Not Received)       $100,000.00     Reserve       $7,000.00     Work in Progress       $125,000.00                       Total Current Assets           $662,000.00                 Fixed Assets:             Vehicles   $125,000.00           Accumulated Depreciation   ($80,000.00)   $45,000.00                     Equipment   $2,500,000.00           Accumulated Depreciation   ($1,110,000.00)   $1,390,000.00                     Buildings   $350,000.00           Accumulated Appreciation   $112,000.00   $462,000.00                                     Total Assets           $2,559,000.00                 Liabilities and Capital                 Current Liabilities:             Accounts Payable       $500,000.00     Short Term Expenses and OH       $140,000.00     Payroll Taxes Payable       $145,000.00       Total Current Liabilities           $785,000.00                 Long-Term Liabilities:             Mortgage Payable       $225,000.00       Total Long-Term Liabilities           $225,000.00                 Total Liabilities           $1,010,000.00                                 Net Worth           $1,549,000.00  What is the current ratio? 

(6 points) State how much you would bid in the paid search a…

(6 points) State how much you would bid in the paid search auction for each campaign. Clearly explain: the assumptions you use to determine your bid, how you calculate or justify the bid amount, and whether your bidding strategy differs across the two campaigns.