Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have?
Cash $ 20.00
Accounts payable $ 30.00
Short-term investments 50.00
Accruals 50.00
Accounts receivable 20.00
Notes payable 30.00
Inventory 60.00
Current liabilities $110.00
Current assets $150.00
Long-term debt 70.00
Gross fixed assets $140.00
Common stock 30.00
Accumulated deprec. 40.00
Retained earnings 40.00
Net fixed assets $100.00
Total common equity $ 70.00
Total assets $250.00
Total liab. & equity $250.00
(A) $120.00
(B) $115.60
(C) $122.20
(D) $117.80
(E) $124.40
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Zumbahlen Inc. has the following balance sheet. How much total operating capital does the firm have? Cash $ 20.00 Accounts payable $ 30.00 ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net working capital of $2,800. What is the amount of the net cash from operating activity? a. $91,300b. $99,700c. $93,400d.
Answers (1)
One of the growers is excited by this advancement because now she can sell more crops, which she believes will increase revenue in this market.
Answers (1)
How does a project charter support the project manager in getting things for the project from other people?
Answers (1)
Johanna, a company manager, needs to keep track of how many days Each employee has worked from start date to the current date Joanna would like to see the updated numbers every day which describes the most efficient way for her to see the updated
Answers (1)
You own a shoe store. The direct materials and labor used to make a pair of shoes cost you $30 dollars. You also incur a cost of $10 to advertise the shoes. You then sell that pair of shoes for $70.
Answers (1)
New Questions in Business
Quarrels among business associates have become common. The associates quarrel over what products the firm should sell, division of authority, selection of personnel, whether to bring family members into the business, whether to expand, and who is
Answers (1)
Kroger Supermarkets changes its ads constantly to describe new products it has for sale and different price specials it offers.
Answers (1)
Selected accounts with amounts omitted are as follows: Work in Process Aug. 1 Balance 271,240 Aug. 31 Goods finished 190,490 31 Direct materials X 31 Direct labor 32,700 31 Factory overhead X Factory Overhead Aug. 1 - 31 Costs incurred 112,690 Aug.
Answers (1)
Which of the following is true of customers who are regarded as ""promoters"" based on the net promoter score associated with these customers? A. They spread negative comments about the organization. B. They usually defect at higher rates. C.
Answers (1)
Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realization, their capital balances are $36,000 and $24,000, respectively.
Answers (1)