The Smith company reports the following items on its balance sheet: Cash $400; Net tangible assets $,1,250; Accounts payable $375; Patents and Copyrights (net of amortization) $1,000; Deferred Taxes $200; Accounts receivable $550; Notes payable $325; Common Stock $800; Retained Earnings $1,110; Inventory $750. Build a balance sheet. Find the amount of the company's long-term debt assuming that the above information provides all other items on the balance sheet.

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vv. Subject Finance

1. The Cunningham Company has provided the following account balances: Cash $76,000; Short-term investments $8,00%3; Accounts receivable $12,000; Inventory $96,000; Long-term notes receivable $4,000; Equipment $192,000; Factory Building $360,000; Intangible assets $12,000%3; Accounts payable $90,000%3; Accrued liabilities payable $12,000; Short-term notes payable $42,000; Long-term notes payable $184,000. What is Cunningham's current ratio?

The balance sheet shows the following accounts and amounts: Inventory, $84.000; Long-term Debt 125,000; Common Stock $60,000, Accounts Payable $44,000; Cash $132,000, Buildings and Equipment $390,000: Short-term Debt $48,000, Accounts Receivable $109,000; Retained Earnings $204,000; Notes Payable $54,000; Accumulated Depreciation $180,000. Total current assets on the balance sheet are Multiple Choice $216,000 $325,000 $535.000 $715,000 1 www Liter

Yogesh

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

The current asset section of Guardian Consultant's balance sheet consists of cash, accounts receivable, and prepaid expenses. The 2021 balance sheet reported the following: cash, $1,500,000; prepaid expenses, $560,000; long-term assets, $2,900,000; and shareholders' equity, $3,000,000. The current ratio at the end of the year was 2.5 and the debt to equity ratio was 1.6. Required: Determine the following 2021 amounts and ratios: (Round your "The acid-test ratio" answer to 1 decimal place.) 1. Current liabilities 2. Long-term liabilities 3. Accounts receivable 4. The acid-test ratio

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The following balance sheet for the Hubbard Corporation was prepared by the company: HUBBARD CORPORATION Balance Sheet At December 31, 2021 Assets Buildings Land Cash Accounts receivable (net) Inventory Machinery Patent (net) Investment in equity securities Total assets Liabilities and Shareholders' Equity Accounts payable Accumulated depreciation Notes payable Appreciation of inventory Common stock (authorized and issued no par stock) 106,000 shares Retained earnings Total liabilities and shareholders' equity $ 756,000 268,080 66,080 132,080 252,000 286,000 106,000 72,000 $1,938,000 $ 221,000 261,080 512,080 86,080 424,000 434,000 $1,938,000 Additional information: 1. The buildings, land, and machinery are all stated at cost except for a parcel of land that the company is holding for future sale. The land originally cost $56,000 but, due to a significant increase in market value, is listed at $132,000. The Increase in the land account was credited to retained earnings. 2. The…