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Romo, Inc., has current assets of $1,100, net fixed assets of $14,500, current liabilities of $ 600, and long-term debt of $4,000. The value of the shareholders' equity account for this firm is $ ?
The amount of net working capital is $ ...... .
Fyre, Inc., has sales of $485,000, costs of $190,000, depreciation expense of $80,000, interest expense of $66,000, and a tax rate of 30 percent. The net income for this firm is......
Fyre, Inc., has sales of $489,000, costs of $195,000, depreciation expense of $61,000, interest expense of $31,000, and a tax rate of 30 percent
If the firm paid out $44,000 in cash dividends, the addition to retained earnings is ........
Fyre, Inc., has sales of $502,000, costs of $190,000, depreciation expense of $60,000, interest expense of $53,000, and a tax rate of 33 percent. The firm paid out $51,000 in cash dividends, and had 32,000 shares of common stock outstanding.....
Klingon Widgets, Inc., purchased new cloaking machinery three years ago for $6 million. The machinery can be sold to the Romulans today for $4 million. Klingon's current balance sheet shows net fixed assets of $5 million, current liabilities of $2,250,000, and net working capital of $1,425,000. If all the current assets were liquidated today, the company would receive $3.2 million cash
The book value of Klingon's assets today is.....
and the market value is .....
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Solution Summary
The solution computes, net income, book value, retained earnings,common stock outstanding, market value of asset is given examples of Romo Inc, Fyre Inc & Klington Widgets Inc.
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