A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

Question

Question

A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current assets of $420, and net fixed assets of $630. What is the amount of the shareholders' equity?

business finance

Add a comment Improve this question Transcribed image text

Answer 1

Answer #1

shareholders equity = total assets - total liabilities

= current assets + fixed assets - total liabilities

= 420 + 630 - 425

= 625

Add a comment

Answer 2

Similar Homework Help Questions

A firm has total current assets of $350, total fixed assets of $4,000, and accumulated depreciation...

A firm has total current assets of $350, total fixed assets of $4,000, and accumulated depreciation of $1,250. Total current liabilities are $325, long-term debt is $1,500, and common stock is $100. What is total equity? A firm has total current assets of $350, total fixed assets of $4,000, and accumulated depreciation of $1,250. Total current liabilities are $325, long-term debt is $1,500, and common stock is $100. What is accumulated retained earnings?
Harrison, Inc., has the following book value balance sheet: Balance Sheet Assets Liabilities and equity Current...

Harrison, Inc., has the following book value balance sheet: Balance Sheet Assets Liabilities and equity Current assets $ 140,000,000 Total debt $ 250,000,000 Equity Common stock 30,000,000 Capital surplus 77,000,000 Net fixed assets 415,000,000 Accumulated retained earnings 198,000,000 Total shareholders' equity $ 305,000,000 Total assets $ 555,000,000 Total debt and shareholders' equity $ 555,000,000 a. What is the debt–equity ratio based on book values? b. Suppose the market value of the company's debt is...
1. Which of the following is true? A. Total liabilities is made up of current liabilities...

1. Which of the following is true? A. Total liabilities is made up of current liabilities and long term debt. B. EBT is EBIT minus depreciation and amortization. C. Interest expense is paid to common shareholders. D. Total assets is made up of current assets, preferred stock, and gross fixed assets. 2. Assume EBIT is 6, Net Income is 3, the flat tax rate is 40% and the company has no preferred stock. What is Earnings Before Taxes? ______________________ 3....

Assets Total Debt and Equity Current Assets $200,000,000 Total debt equity $220,000,000 Common stock $30,000,000 Capital...

Assets Total Debt and Equity Current Assets $200,000,000 Total debt equity $220,000,000 Common stock $30,000,000 Capital Surplus 80,000,000 Accumulated retained earnings 170,000,000 Net Fixed Asset $300,000,000 Total shareholders Equity $280,000,000 Total Asset $500,000,000 Total debt and shareholders equity $500,000,000 a) What is the debt equity ratio on book values b) Suppose the market value of the company's debt is $225 million and the market value of equity is $670million. What is the debt equity ratio based on market values? c)...
Building a balance sheet A firm has ($ in millions) current assets of $100, net fixed...

Building a balance sheet A firm has ($ in millions) current assets of $100, net fixed assets of $500, short-term debt of $70, and log-term debt of $200. What does the balance sheet look like? __________________ What is shareholders’ equity? __________________ What is the net working capital? __________________ Assets Liabilities and Shareholders’ equity Total assets Total liabilities and shareholders’ equity What is the firm’s current liquidity ratio? _______________ What is the firms’ long-term debt ratio? _______________
Fill the missing value for common stock, retainer earnings, total common equity, and total liabilities and...

Fill the missing value for common stock, retainer earnings, total common equity, and total liabilities and equity. show steps and how to get the answer. 35 b. Cumberland Industries' partial balance sheets are shown below. Cumberland issued $10,000,000 of new common stock in the most recent year. Using this information and the results from part a, fill in the missing values for 37 common stock, retained earnings, total common equity, and total liabilities and equity. 40 Dollar value of common...

de video clip pridodo Dede SIR Total current liabilities Long-term dhe 150 Total liabilities 39.500 Common...

de video clip pridodo Dede SIR Total current liabilities Long-term dhe 150 Total liabilities 39.500 Common stock (par value and paid in capital) 2.000 Retained earnings Total stockholders' equity Total liabilities and equity $72.000 Industry key Ratios Industry Average Ratio Current ratio Quick ratio Days Sales Outstanding (DSO) Fixed assets turnover Total asset turnover 295 Liabilities-to-assets ratio 65% Times-interest-cared 3.2 Net profit margin 13% Return on equity 7.32% Price/carings ratio 2038 Market book ratio 1. Calculate current ratio and acid...
1.)Company ABC has sales of $1,650,000, cost of goods sold of $600,000, EBIT of $450,000, interest...

1.)Company ABC has sales of $1,650,000, cost of goods sold of $600,000, EBIT of $450,000, interest expense of $70,000, and a tax rate of 27%. If the company paid $57,000 in dividends what is the addition to retained earnings. 2.)At the beginning of the year, a firm had current assets of $121,306 and current liabilities of $124,509. At the end of the year, the current assets were $122,418 and the current liabilities were $103,718. What is the change in net...
The Lunder Company has total assets of $22,542,000, current liabilities of $2,547,000, and long-term liabilities of...

The Lunder Company has total assets of $22,542,000, current liabilities of $2,547,000, and long-term liabilities of $7,410,000. The firm has 1,000,000 shares of common stock outstanding. Compute the firm’sbook value of equity per share. Referring back to the previous question, if Lunder’s net income equals $1,600,000 and Lunder has a P/E ratio of 15.0 (note that P/E ratio = stock price per share divided by earnings per share), what is the current price of the stock?

Wims, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950,...

Wims, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950, and long-term debt of $12,000 What is the value of the shareholders' equity account for this firm? (Do not round intermediate calculations.) How much is net working capital? (Do not round intermediate calculations.) a. b. a. Shareholders' equity b. NWC

A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

Homework Answers

Add Answer to:
A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

Post as a guest

Earn Coins

A firm has total current assets of $350, total fixed assets of $4,000, and accumulated depreciation...

Harrison, Inc., has the following book value balance sheet: Balance Sheet Assets Liabilities and equity Current...

1. Which of the following is true? A. Total liabilities is made up of current liabilities...

Assets Total Debt and Equity Current Assets $200,000,000 Total debt equity $220,000,000 Common stock $30,000,000 Capital...

Building a balance sheet A firm has ($ in millions) current assets of $100, net fixed...

Fill the missing value for common stock, retainer earnings, total common equity, and total liabilities and...

de video clip pridodo Dede SIR Total current liabilities Long-term dhe 150 Total liabilities 39.500 Common...

1.)Company ABC has sales of $1,650,000, cost of goods sold of $600,000, EBIT of $450,000, interest...

The Lunder Company has total assets of $22,542,000, current liabilities of $2,547,000, and long-term liabilities of...

Wims, Inc., has current assets of $6,000, net fixed assets of $25,100, current liabilities of $4,950,...

A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

Homework Answers

Add Answer to: A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...

Post as a guest

Earn Coins

Add Answer to:
A firm has common stock of $93, paid-in surplus of $300, total liabilities of $425, current...