A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary) Cash $ 20 Accounts payable $ 60 Short-term investments 30 Accruals 50 Accounts receivable 50 Notes payable 10 Inventory 80 Current liabilities xxx Current assets xxx Long-term debt 70 Net fixed assets 100 Common equity 30 Retained earnings xx Total assets $xxx Total liab. & equity $xx
A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary) Cash $ 20 Accounts payable $ 60 Short-term investments 30 Accruals 50 Accounts receivable 50 Notes payable 10 Inventory 80 Current liabilities xxx Current assets xxx Long-term debt 70 Net fixed assets 100 Common equity 30 Retained earnings xx Total assets $xxx Total liab. & equity $xx
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 3MC: The following is selected financial data from Block Industries: How much does Block Industries have...
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Question
A company has the following balance sheet. What is its total net operating capital? (Round it to a whole dollar, if necessary)
Cash
|
$ 20
|
|
Accounts payable
|
$ 60
|
Short-term investments
|
30
|
|
Accruals
|
50
|
Accounts receivable
|
50
|
|
Notes payable
|
10
|
Inventory
|
80
|
|
Current liabilities
|
xxx
|
Current assets
|
xxx
|
|
|
|
|
|
|
Long-term debt
|
70
|
Net fixed assets
|
100
|
|
Common equity
|
30
|
|
|
|
|
xx
|
Total assets
|
$xxx
|
|
Total liab. & equity
|
$xx
|
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