Business
Business, 23.06.2019 02:00, sunflowerdaisy35

Which of the statements is true about the values recorded in the balance sheet of a firm?

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Business, 21.06.2019 21:00, ummsumaiyah3583
Balance sheet 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 $750,000, and total common equity of $1 5 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. a. what is the company's total debt? b. what is the amount of total liabilities and equity that appears on the firm's balance sheet? c. what is the balance of current assets on the firm's balance sheet? d. what is the balance of current liabilities on the firm's balance sheet? e. what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] f. what is the firm's net working capital? g. what is the firm's net operating working capital? h. what is the explanation for the difference in your answers to parts f and g?
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Business, 24.06.2019 14:20, hHRS2997
The assets of dallas & associates consist entirely of current assets and net plant and equipment. the firm has total assets of $2.9 million and net plant and equipment equals $2.4 million. it has notes payable of $145,000, long-term debt of $746,000, and total common equity of $1.55 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. for answers in millions, write out your answer completely. for example, 13 million should be entered as 13,000,000 what is the amount of total liabilities and equity that appears on the firm's balancesheet? $ what is the balance of current assets on the firm's balance sheet? $ what is the balance of current liabilities on the firm's balance sheet? $ what is the amount of accounts payable and accruals on its balance sheet? [hint: consider this as a single line item on the firm's balance sheet.] $ what is the firm's net working capital? $ what is the firm's net operating working capital? $ what is the monetary difference between your answers to part e and f? $
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Business, 20.08.2019 21:20, sihaya43
Match the following assertions with their associated description: (a) existence/occurrence, (b) completeness, (c) rights and obligations, (d) valuation or allocation, (e) presentation and disclosure. 1.cash accounts are properly classified on the balance sheet and disclosed in the notes to the financial statements. 2.cash balances exist at the balance sheet date. 3.the recorded balances reflect the true underlying economic value of those assets. 4.the company has title to the cash accounts as of the balance sheet date. 5.cash balances include all cash transactions that have taken place during the period.
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Business, 20.09.2019 16:10, emmmmmmaaaa
The assets of dallas & associates consist entirely of current assets and net plant and equipment, and the firm has no excess cash. the firm has total assets of $3 million and net plant and equipment equals $2.6 million. it has notes payable of $155,000, long-term debt of $751,000, and total common equity of $1.45 million. the firm does have accounts payable and accruals on its balance sheet. the firm only finances with debt and common equity, so it has no preferred stock on its balance sheet. write out your answers completely. for example, 25 million should be entered as 25,000,000. negative values, if any, should be indicated by a minus sign. round your answers to the nearest dollar, if necessary. what is the company's total debt? $ what is the amount of total liabilities and equity that appears on the firm's balance sheet? $ what is the balance of current assets on the firm's balance sheet? $ what is the balance of current liabilities on the firm's balance sheet? $ what is the amount of accounts payable and accruals on its balance sheet? (hint: consider this as a single line item on the firm's balance sheet.) $ what is the firm's net working capital? if your answer is zero, enter "0". $ what is the firm's net operating working capital? $ what is the monetary difference between your answers to part f and g? $ what does this difference indicate?
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Which of the statements is true about the values recorded in the balance sheet of a firm?...

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