Sterling had assets and liabilities as follows: Cash  $25,000 Accounts Receivable   $40,000 Inventory    $62,500 Building (net of accum. deprec.)   $90,000 Goodwill    $65,000 Accounts Payable    $55,500 Accrued Expenses   $12,500 Bond Payable (Due in 15 yrs)   $90,000   Calculate working capital, and current and quick ratios

On January 1st 2030 they have the following balance sheet cash accts rec. equipment (net) land accts payable note payable Pelosi capital Trump capital Schiff capital DeSantis capital 100,000 600,000 800,000 500,000 Required: 400,000 200,000 600,000 100,000 100,000 600,000 (remember, losses are divided equally profits: Pelosi and Trump 30% Schiff and DeSantis 20% a) On January 1st how much can each partner take as a safe payment? b) On January 31st, the equipment is sold for $400,000 On February 1st, how much can each partner take as a safe payment (assume no safe payments have been made so far) c) On February 28th, the accounts receivable were sold for $400,000. On this date the partnership paid off the note payable and the accounts payable On March 1st how much can each partner take as a safe payment (assume no safe payments have been made so far) d) On March 31st, the land was sold for $550,000 On April 1st how much will cash will each partner receive (or pay in) if: a) any partner…

Accounts payable $  40,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 30,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 110,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 30,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000     Based on the above data, what is the amount of working capital? Group of answer choices

The following details are provided by a manufacturing company: Investment Useful life Estimated annual net cash inflows for first year Estimated annual net cash inflows for second year Estimated annual net cash inflows for next ten years Residual value Product line OA. 2.74 years OB. 6.36 years O c. 6.71 years OD. 2.24 years $1,030,000 12 years $460,000 $430,000 $190,000 $50,000 Depreciation method Straight-line 12% Required rate of return Calculate the payback period for the investment. (Round your answer to two decimal places.) ...

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The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation: Cash and cash equivalents                                                     $ 5,000Accounts receivable (net)                                                       20,000Inventory                                                                                60,000Property, plant, and equipment (net)                                   120,000Accounts payable                                                                   44,000Salaries payable                                                                      15,000Paid-in capital                                                                      100,000 The only asset not listed is short-term investments. The only liabilities not listed are $30,000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5:1.Required:Determine the following…

Balance Sheet You are evaluating the balance sheet for Campus Corporation. From the balance sheet you find the following balances: Cash and marketable securities = $391,000, Accounts receivable = $191,000, Inventory = $91,000, Accrued wages and taxes = $10,900, Accounts payable = $309,000, and Notes payable = $609,000. What is Campus's net working capital? Multiple Choice $1,601,900 О $673,000 О -$255,900 $928,900

The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respectively. Sales revenues are $800,000, net income is $100,000, and net cash flows from operating activities are $150,000. What is Computer World's cash return on assets? Multiple Choice 37.5% 25.0% 33.3% 42.9%

Hi There,  I need ask a favor... How to calculate "Current Liabilites" if I only know, these following data :  - Cash and Equivalents : $ 100.00 - Fixed Assets : # 283.50 - Sales : $ 1,000.00 - Net Income : $ 50.00 - Quick Ratio : 2.0 x - Current Ratio : 3.0 x - DSO : 40 Days - ROE : 12%   Thank you

Sectors, Inc., has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its cash coverage ratio?