Answer:
Net fixed assets is $30546.
Explanation:
Given the net working capital = $2204
The current assets of the company = $6475
The equity of the company = $22215
Long term debt of the company = $10535
Net Working Capital = Current Assets – Current Liabilities
2204 = 6475 – current liabilities
Current liabilities = 6475 – 2204 = 4271
Total assets = Current Liabilities + Long term Debt + Total Equity
= 4271 + 10535 + 22215
= $37021
Total Liabilities and Stockholders Equity = Total Assets
Total assets = $37021
Total Assets = Current Assets + Net Fixed Assets
37021 = 6475 + net fixed assets
Net fixed assets = 37021 – 6475 = $30546
Answer:
The answer is: Edgar will receive $37,000
Explanation:
- Dowd's share of the company's losses is $80,000
- Edgar's share of the company's losses is $60,000
- Frost's share of the company's losses is $40,000
- Grant's share of the company's losses is $20,000
But since Grant is not willing to give more money to the partnership to cover his losses, the $9,000 difference must be divided by the remaining three partners. So they will divide Grant's losses as follows:
- Dowd's share of the Grant's losses is $3,600
- Edgar's share of the Grant's losses is $2,700
- Frost's share of the Grant's losses is $1,800
Then you add up all the losses the three remaining partners had:
- Dowd' total losses $83,600
- Edgar's total losses $62,700
- Frost's total losses $21,800
So when the partnership was dissolved, Edgar should have received $100,000 (capital) - $62,700 (total losses) = $37,200
I selected answer A since they probably rounded down Edgar's share to $37,000 (nearest possible choice).
Answer:
Price earning ratio is 16
Explanation:
Profit Margin = (Net profit / Net Sales) x 100
7.5% = Net profit / $220,000
Net Profit = $220,000 x 7.5%
Net Profit = $16,500
Earning Per share = $16,500/ 10,000 = $1.65 per share
Price-sales ratio = Market value / Sales value
1.20 = Market value / 220,000
1.20 x 220,000 = Share price
Share price = 264,000 / 10,000 =
Share price = 26.40
Price Earning Ratio = 26.40 / 1.65 = 16
Answer: Jose has to pay $600.
Explanation:
Jose has to pay $600 to Jane for her inconvenience.
In Accordance with Coase theorem, when two conflicting parties exist, one has to ‘buy the right’ from the other party.
Which In this scenario or case, Jane has the ‘right to prevent Jose from having a dog’.
Thus, Jose has to pay compensation to Jane so that he can keep his dog and at the same time Jane is also compensated for the inconvenience which may arise later.
