What Is The Assets Of A Company?

A balance sheet gives an overall picture of a company's financial situation by showing the total assets of a business, including liabilities plus equity. Current assets can include cash, accounts receivable, inventory and prepayments for insurance. The balance sheet is used by investors to get an idea of what the shareholders have invested, including

13. Use the following data to determine the total dollar amount of assets to be classified as property, plant, and equipment. Eddy Auto Supplies Balance Sheet December 31, 2014 Cash $84,000 Accounts payable $110,000 Accounts receivable $80,000 Salaries and wages payable $20,000 Inventory $140,000 Mortgage payable $180,000 Prepaid insurance $60,000 Total liabilities $310,000 Stock investments $170,000 Land $190,000 Buildings $226,000 Common stock $240,000 Less: Accumulated Retained earnings $500,000 depreciation ($40,000) $186,000 Total

1996 Current Assets: Cash & Equivalents Marketable Securities AFS Accounts Receivable Inventory Other Current Assets Total Current Assets Property & Equipment, net Goodwill, net Other Total Assets Current Liabilities: Short-Term Borrowings Accounts Payable Accrued Expenses Income Taxes Payable Current Maturities of LT Debt Total Current

year 1 net income would do). Then, its year 2 opening net assets are $276.36,

taxes, wages) or amount owed. Equity is also known as owner’s net worth, stockholders’ equity, etc. or amount vested with no obligation to payback. This difference is known as the net asset or net worth of the company

Total Assets $46,400 Less: Total Liabilities 26,000 Equal: Net Worth $20,400 Liquidity: $3,600 +Other Assets: $42,800 Total Assets: $46,400 -Total liabilities: $26,000 Net Worth: $20,400

Other Assets | 26,613 | 24,194 | 2,419 | 10% | Total Assets | 227,788 | 212,219 | 15,569 | 7% | | Liabilities & Shareholders’ Equity | Current Liabilities | | Accounts Payable | 47,124 | 39,936 | 7,188 | 18% | Salaries & Wages | 29,753 | 27,048 | 2,705 | 10% | Current Portion of Long-Term Debt | 2,204 | 2,514 | (310) | (12%) | Freight & Casualty Claims Payable | 9,746 | 8,941 | 805 | 9% | Total Current Liabilities | 88,827 | 78,439 | 10,388 | 13% | |

The accounting equation: Assets = Liabilities + Owner’s Equity. Assets are the resources of the company. Examples include cash, land, buildings, and equipment. Liabilities are “outsider claims”, the company’s obligations to creditors. Examples include accounts payable, notes payable, and income taxes payable. Owner’s Equity represents “insider claims” of the company or the owner’s share of the assets. If a business is keeping accurate records this equation should always be in balance.

For Accounting, the cash-flow sheet demonstrates an ending cash balance of $350,000, which comprises of $550,000 and $1,100,000 total anticipated expenses subtracted from $2,000,000 in sold stocks—financing. Since there was a positive cash balance, no loans were necessary.

The most current financial report shows, payables of $7,237 (millions). The account payables added up to $6,651 (millions). The category makes up most of the payables. Next is the accrued expenses at $984 (millions). The last is current debt, this being the second largest payables account at $1,305 (millions).

needs. As of December 31, 2016, the firm has a cash and short-term investment balance of $417.7 million

A business can lose money for years but if they have a high cash balance to begin with.

We also have $260,400 in prepaid expenses, including prepaid health insurance, which totals $228,000 and prepaid rent, which totals $32,400 for the first year. This totals $1,260,400 in current assets. We also have fixed assets totaling $27,852. These assets include office equipment, licensing and membership expenses, and LLC and trademark expenses. Our total assets for our first year would be $1,288,252. For liabilities, we have $670,000 in wages payable that are already set aside for the first year, and we have set aside $60,300 for employee benefits, which can include money for signing bonuses, sick days, vacation days, etc. This totals $730,300, which leaves us with $557,952 in retained earnings. Adding up our liabilities and retained earnings (our owners equity) we would get a total of

Note 3 touches on the category of cash and cash equivalents. Some of the cash equivalents are "available for sale securities." These include agency obligations ($20 million), commercial paper ($87 million), corporate debt securities ($78 million), government treasury securities ($606 million) and certificates of deposit ($64 million). In addition, the balance sheet shows $1.1886 billion in cash. There are stated at fair market value, which if it cannot be determined on the open market is estimated. The company values auction rate securities using an internally-developed valuation model. The company also notes that some of the "available for sale" securities are longer-term in

Computed: PPE = $6876M / $21,695M = 31.7% Intangible assets = $4041M / $21,695M = 22% Computed: $3,374M / $4,841 = 70% Computed: Accounts payable = $4461M / $13,021M = 34.2% Long-term debt = $2651M / $13,021M = 20.4% Computed: Long-term investments = $8214M / $22,417M = 36.6% Current assets = $7171M / $22,417M = 32%