NNR Inc.'s balance sheet showed total current assets of $1,875,000 plus $4,225,000 of net fixed assets. All of these assets were required in operations. The firm's current liabilities consisted of $475,000 of accounts payable, $375,000 of 6% short-term notes payable to the bank, and $150,000 of accrued wages and taxes. Its remaining capital consisted of long-term debt and common equity. What was NNR's total operating capital?

tyson Company's working capital accounts at December 31, 2018, are given below:   Current Assets:        Cash   $100,000    Marketable Securities   50,000    Accounts Receivable $250,000       Less Allowance for Doubtful Accounts  (20,000) 230,000    Inventory, Lifo   300,000    Prepaid      8,000    Total Current Assets   $688,000       Current Liabilities:        Accounts Payable   $200,000    Notes Payable   50,000    Taxes Payable   10,000    Accrued Liabilities     30,000 Total Current Liabilities   $290,000   During 2019, DeCort Company completed the following transactions:   a. Purchased fixed assets for cash, $20,000. b. Exchanged DeCort Company common stock for land. Estimated value of transaction, $80,000. c. Payment of $40,000 on short-term notes payable. d. Sold marketable securities costing $20,000 for $25,000 cash. e.…

You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities = $450,000; accounts receivable = $1,100,000; inventory = $2,000,000; accrued wages and taxes = $450,000; accounts payable = $750,000; and notes payable = $500,000. Calculate SophieLex's current ratio.

Industrial Incorporated has current liabilities of $2,500, long-term debt of $4,000, and shareholders' equity of 14,250. If Fixed assets total $18,250, current assets must be

Lemmon Incorporated lists fixed assets of $100 on its balance sheet. The firm's fixed assets have recently been appraised at $140. The firm's balance sheet also lists current assets at $15. Current assets were appraised at $16.50. Current liabilities book and market values stand at $12 and the firm's long-term debt is $40. Calculate the market value of the firm's stockholders' equity