A company with working capital of $246,432 and a current ratio of 2.3 pays a $79,600 short-term liability. The amount of working capital immediately after payment is Round your answer to the nearest dollar. Oa. $109,963 Ob. $356,395 Oc. $466,358 Od. $246,432
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- A company with working capital of $810,000 and a current ratio of 2.5 pays a $132,000 short-term liability. The amount of working capital immediately after payment is:A company with working capital of $500,000 and a current ratio of 2:1 pays a $100,000 short-term liability. The amount of working capital immediately after payment is? The current ratio immediately after the payment is?Use this information for Mason Corporation to answer the question that follow. Mason Corporation had $1,170,000 in invested assets, sales of $1,236,000, income from operations amounting to $235,000, and a desired minimum return of 12%. The residual income for Mason Corporation is Oa. $132,440 Ob. $94,600 Oc. So Od. ($5,800) Previous Next 7:35 PM CP 12/13/2020 近
- Bought delivery van P850,000 terms 20% down and the balance payable in oneyear. Required: 1. Record the transaction in the general journal.FDN Accounting Services purchased office supplies for P31,000 on terms 20% down payment and the balance 2/10 n/30. How much is the increase in the total assets of the business?A company has pre-tax or operating income of $120,000. If the tax rate is 40%, what is the companys after-tax income? A. $300,000 B. $240,000 C. $48,000 D. $72,000
- An investment center of Stuart Corporation shows an operating income of $8,250 on total operating assets of $66,000. Required Compute the return on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45).) Return on investment %Silver Diamond Company's Profit before interest and tax is OMR 360,000, the total of assets is OMR 900,000 and total of current liabilities is OMR 500,000. The Return on Capital employed (ROCE) of the company is: a. 40% b. 25.71% c. 90% d. 111.11%Refer to the following financial information of Scholz Company: NOPAT 8,250,000 FBITDA 17,725,000 Net Income 5,050,000 Capital Expenditures 6,820,000 After tax capital costs 6,280,000 Tax rate 40% 1.Calculate the Company's depreciation and amortization expense 2. Refer to Scholz Company, calculate its interest expense. Use 2 decimal places for your final answer. 3. Refer to Scholz Company, calculate its EVA. Use 2 decimal places for your final answer
- ACE Limited has the following results for the 15 months to 31 December 2021: £ Adjusted trading profit, before deduction of capital allowances 1,500,000 Capital allowances claimed: Year to 30 September 2021 312,650 3 months to 31 Dec 2021 40,210 Capital gains/loss Disposal 12 May 2021 (Gain) 15,586 Disposal 6 October 2021 (loss) (12,692) Building society interest: Received 31 December 2020 3,500 Received 31 December 2021 4,000 UK dividend received on 25 November 2021 10,000 Accrued building society interest was £2,000 on 30 September 2020, £4,000 on 30 September 2021 and £2,000 on 31 December 2021. Required: Compute the company’s total corporation tax liability for the 15-month period.A return on assets of 5.15% means that a company is earning: O a. a $5.15 return on every $100 of assets minus liabilities. O b. a $5.15 return on every $100 of total assets. O c. a $5.15 return on every $100 of current assets. O d. a $5.15 return on every $100 invested in long-term assets.37. A company with $60,000 in current assets and $35.000 in current liabilities pays a $1,000 current liability. As a result of this transaction, the current ratio and working capital will A) remain the same and decrease, respectively. B) both decrease. ) increase and remain the same, respectively. D) both increase.