Baldwin Corporation's Total Liabilities
Not what you're looking for?
1. Digby has a leverage of 1.81 This means that:
(Assume leverage is calculated as Assets/Equity)
2. On July 31st, the Baldwin Corporation's balance sheet reported:
Total Assets of $87.248 million
Total Common Stock of $2.540 million
Cash of $4.020 million
Retained Earnings of $20.016 million.
What were the Baldwin Corporation's total liabilities?
Last year the Digby company increased their equity. In 2010 their equity was $49,954. Last year (2011) it increased to $54,008.
What are causes of change in equity? Check all that apply.
Select: 3
Depreciation of -$38,653
A bond issue of$1,599.
Change in inventory of-$670.
A change in short term debt of-$4,846.
Dividend payment of$6,353.
Issue and retirement of stock.
An accounts payable change of$1,687.
Profits of $11,914
Plant Improvements of $10,100
A change in cash of -$3,247.
A change of plant and equipment of$10,100
The Baldwin Company has just purchased $39,660,000 of plant and equipment that has an estimated useful life of 15 years. Suppose at the end of 15 years this plant and equipment can be salvaged for $3,966,000 (1/10th of its original cost). What will be the book value of this purchase (excluding all other Plant and Equipment) after its first year of use? Use generally accepted (FASB) accounting principles.
Purchase this Solution
Solution Summary
The solution calculates Baldwin Corporation's total liabilities.
Solution Preview
Attached is an *EXCEL* file with more details. But you will find a general solution below.
Last year the Digby company increased their equity. In 2010 their equity was $49,954. Last year ...
Purchase this Solution
Free BrainMass Quizzes
Motivation
This tests some key elements of major motivation theories.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Organizational Leadership Quiz
This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.
Income Streams
In our ever changing world, developing secondary income streams is becoming more important. This quiz provides a brief overview of income sources.
IPOs
This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)