Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. intro use the following information to answer the

Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 13,000...

60.1K

Verified Solution

Question

Accounting

image
image
Intro Use the following information to answer the questions: Assets Liabilities and Equity Cash 13,000 Accounts payable 16,000 Marketable securities 4.000 Notes payable 8,000 Accounts receivable 10,000 Current liabilities 24,000 Inventory 31.000 Long-term debt 80,000 Current assets 58,000 Total liabilities 104,000 Machines 42,000 Paid-in capital 30,000 Real estate 60,000 Retained earnings 26.000 Net fixed assets 102,000 Equity 56,000 Total assets 160,000 Total liab. & equity 160,000 Line item Value Sales 680,000 Operating expenses 557,600 Depreciation 25,000 EBIT 97,400 Interest 8,000 Taxable income 89,400 Taxes 29,502 Net income 59,898 The company has 30,000 shares outstanding, each currently trading at $20.8. Attempt 2/3 for 7 pts. Part 3 What is the book value per share? 2+ decimals Submit Attempt 1/3 for 10 pts. Part 4 What is the market/book ratio? 1+ decimals Submit About Blog Contact Instructor Guide Anoni

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Question Is the specie paramagnetic Statement 1 The atomic number of specie is 29 The...

Physics
Q

Are cigarettes bad for people Cigarette smoking involves tar carbon monoxide and nicotine measured in...

Statistics
Q

For the factors / conditions listed, select those that tend to alleviate creep deformation for a...

Mechanical Engineering
Q

H center rodkis diameter secant tangent chord semiorde major arc minor arc E Name the...

Geometry
Q

Question 13 8 2 35 n ANB O Points 0 Suppose n A 14 n...

Basic Math
Q

Find the magnitude and the direction of the resultant vector A 16 6 57 3...

Calculus
Q

Evaluate the following integrals by interpreting them in terms of areas a f f x...

Calculus
Q

7 Factor 49x2 16 to its simplest factors O 7x 4 7x 4 O 7...

Algebra
Q

Kara Ries, Tammy Bax, and Joe Thomas invested $50,000, $66,000, and $74,000, respectively, in a...

Accounting
Q

A report prepared by a government official comparing actual costs to budgeted costs for the...

Accounting
Q

Osterman Company provides its employees vacation benefits and a defined contribution pension plan. Employees earned...

Accounting
Q

Reus Truck Company replaces the tires of its trucks. The new tires have a price...

Accounting