Chap 2 Word Problems
3 Pages

Chap 2 Word Problems

Course: FINANCE 101, Spring 2013

School: USC

Word Count: 475

Rating:

Document Preview

Chapter 2 Word Problems Name ___________________________ The following problems are assigned as homework. You will notice that the correct answer is highlighted; however, you must show the work to arrive at the answer. 54. Highland, Inc. has total assets of $16,200, net working capital of $3,900, owner's equity of $8,500, and long-term debt of $6,000. What is the value of the current assets? a. $2,500 B. $5,600...

Unformatted Document Excerpt
Coursehero >> California >> USC >> FINANCE 101

Course Hero has millions of student submitted documents similar to the one
below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

Course Hero has millions of student submitted documents similar to the one below including study guides, practice problems, reference materials, practice exams, textbook help and tutor support.

2 Chapter Word Problems Name ___________________________ The following problems are assigned as homework. You will notice that the correct answer is highlighted; however, you must show the work to arrive at the answer. 54. Highland, Inc. has total assets of $16,200, net working capital of $3,900, owner's equity of $8,500, and long-term debt of $6,000. What is the value of the current assets? a. $2,500 B. $5,600 c. $6,300 d. $9,900 e. $10,200 60. Joe's Store has net working capital of $1,800, total assets of $12,600, and net fixed assets of $9,700. What is the value of the current liabilities? A. $1,100 b. $2,900 c. $4,700 d. $7,900 e. $10,800 66. The owners' equity in Jack's Taylor Shop was $31,300 at the beginning of the year. During the year, the company had after tax income of $4,900, of which $1,600 was paid in dividends. Also during the year, the company repurchased $2,000 of stock from one of the shareholders. What is the value of the owners' equity at year end? A. $32,600 b. $34,600 c. $35,800 d. $36,200 e. $37,800 70. The financial statements of Classic Collectables reflect cash of $15,800, accounts receivable of $31,600, accounts payable of $40,100, inventory of $54,700, long-term debt of $60,000, and net fixed assets of $99,500. The firm estimates that if it wanted to cease operations today it could sell the inventory for $39,000 and the fixed assets for $77,000. is What the market value of the assets? a. $63,300 b. $101,500 C. $163,400 d. $181,700 e. $201,600 81. Crabtree, Inc. has an operating cash flow of $164,900, depreciation expense of $93,100, and taxes paid of $80,400. A partial listing of its balance sheet accounts is as follows: What is the amount of Crabtree's cash flow from assets? a. $49,100 b. $69,800 c. $107,200 D. $120,400 e. $200,300 83. Solomon, Inc. has net sales of $745,100 and costs of $590,800. The depreciation expense is $82,600 and the interest paid is $15,500. What is the amount of the firm's operating cash flow if the tax rate is 35 percent? a. $46,605 b. $52,030 c. $71,700 d. $105,720 E. $134,630 86. The financial statements of The Equipment Outlet reflect depreciation expenses of $41,800 and interest expenses of $35,200 for the year. The current assets increased by $19,700 and the net fixed assets increased by $34,900. What is the amount of the net capital spending for the year? a. $34,900 b. $54,600 c. $61,500 D. $76,700 e. $96,400 87. Fallway, Inc. had current assets of $121,800 and current liabilities of $114,300 last year. This year, the current assets are $118,600 and the current liabilities are $100,400. The depreciation expense for the past year is $13,500 and the interest paid is $3,000. What is the amount of the change in net working capital? a. $18,200 b. $7,700 c. $5,800 D. $10,700 e. $21,200

Find millions of documents on Course Hero - Study Guides, Lecture Notes, Reference Materials, Practice Exams and more. Course Hero has millions of course specific materials providing students with the best way to expand their education.

Below is a small sample set of documents:

Universidad Centroamericana Jose Simeon Cañas - CS - 01
vidente alos presentes en el aula un hecho tan innegable como carente de interés (y eneste sentido valdría decir “preconsciente” y no tanto “inconsciente”): el hechode que la ausencia de referencias al momento presente es un fenómenoca
Colorado State - ECON - 202
compatible. It is up to the governmentand the Fed to determine which strategy will be most effective when facing arecessionary gap. Both policies aim to keep inflation low and to achieve full employment.However, monetary and fiscal policies differ
HKUST - ELEC - 2100
ELEC2100HW1Due on Oct 3 (Wed), 3pmQ.1 Find the dot product and projection of the complex-valued vector v1 onto v 2 . Express the projection as a coefficient of projection times v 2 .a) v1 (1 j , 1 j ) onto v 2 2 j , 1 j 2 b) v1 (1, 0, 0, 3, 1) onto v
Bradley - IM - 250
It's hard to predict the future. Nobody knows where will we be or what will happen years from now or what the future holds for us. Hell, we don't even know what to expect a year from now, all we can do is guess or predict. Predicting the future of technol
Bradley - IM - 250
Design matters, not only is what inside and thee foundation that counts but the aesthetics and design fall in to play as well. But there are some basic goals behind design such as: is the design aesthetically pleasing? Does it leave us with an emotional r
Bradley - IM - 250
Bit protection involves protecting people from bits as well as bits from people. Bits can easily be copied and shared. Lawmakers originally were not prepared for the digital world and who has what rights and protection. Also, who is the most vulnerable an
Bradley - IM - 250
In order for a medium to survive in a world in which technology is constantly changing and evolving, mediums have to learn to adapt or else be terminated. In order for established forms to survive they must be able to change and go with the flow or emergi
Bradley - IM - 250
What comes with the Internet and the countless advancements in technology comes the digital divide. The gap is created because there is unequal access to the Internet and everything that it offers. And this creates problems because more and more informati
Bradley - IM - 250
The concept dives into shaping the social environment and how everyone is interconnected. Karen Cross talks about the different types of bonds. For example, horizontal bonds are bonds such as social networks that interconnect people across the globe. As h
Bradley - IM - 250
The Cartesian Split is what concept application 12 is about. It was about the idea of how the brain is split into two parts. There's the subjectivity and the objectivity side. The idea that the one side has the Technology side and that's where reasoning a
Bradley - IM - 250
Life and society change with the transition of technology. New technology provides us with possibilities that were previously unheard of or not possible. They allow us create things that we didn't know we could create. Such as early artists using a lens a
Bradley - IM - 250
The media is real. We tend to treat machines now a days like people. After researchers looked at how people treat one another there, there was an eerie similarity to how we treat our technology. In a study that was done they put people into groups of peop
Bradley - IM - 250
One of the fundamental theories that may have led to the rise of new media is the Chaos Theory. A small change in the pattern or initial condition can change the outcome immensely. Although one would assume a small change wouldn't affect the outcome all t
Bradley - IM - 250
Complex systems are made up of several components; elements, interactions, formation/operation, diversity/variability, environment, activity. Emergence describes these different features of complex systems come to interact with one another. Complexity exp
Bradley - IM - 250
We all know that good things take time to change; the same goes for major changes with technology. The thirty-year rule states that technology takes roughly thirty years to come into the market and become widespread throughout the public. Even though it s
Bradley - IM - 250
Mediums are the technologies as well as the social effects in to which they are used. Mediums are the way in which the media is brought into our lives. They vary from culture to culture. There is a direct correlation between the medium and where it is bei
Bradley - IM - 250
Technology has long been used as a form of control. But who controls the products of a certain technology? Computer mediated communication does not favor democratic political developments. But it does encourage democratic participation in the networked ma
Bradley - IM - 250
This concept Application was about how technology affects the brain. Does countless hours spent around multiple screens at the same time effect us or not? Does balancing three tasks at the same time improve our multitasking skills or does one thing or the
Bradley - IM - 250
With every new representational medium there is a fear that they can be delusional. The more persuasive the medium then the more dangerous that it is. Digital has allowed us to turn all previous representations to a digital form. Bits are Bits they don't
Bradley - IM - 250
"We experience digitized reality through binary functions." Bits are bits they don't care what they are. They transform based on what is around them. More specifically with text. With digital we experience gaze migration, we can't just focus on one readin
Bradley - IM - 250
After Bush administration didn't step in to stop Google, Jeffrey Chester of the Center for Digital Democracy decided to start a campaign to have the world's governments intervene. Google's latest techniques as to target the consumer is "behavioral targeti
Bradley - IM - 250
The chapter begins with Mel Karmaich who is the President of Viacom visiting the Google Campus to meet with the executives of the company. He is always worried about competitors and he was on the prowl for business partners. From their the chapter talks a
Bradley - IM - 250
January 2001 brought innovations that disrupted existing order Apple's iTunes as well as Wikipedia. Which were reminders that we entered the dawn of digital democracy that granted more power to individuals. In 2001 Wayne Rosing was hired as the Vice Presi
Bradley - IM - 250
The hostility began when Google went public and people realized how much they were making. Before then people had no idea how successful they were. It took Microsoft fifteen years to exceed one billion and it only took Google six years. Google attracted m
Bradley - IM - 250
The music industry has been hit the hardest by the change from traditional media to the digital wave. One example is when Sony introduced the Sony Walkman in 1979. Which was soon challenged by Apple's iPod by 2001. In 2007, the top selling album registere
Bradley - IM - 250
Companies feel into a dilemma with the rise of Google, should they compete or should they collaborate? Fox and NBC collaborated to create Hulu to compete against YouTube. Microsoft also joined in to compete against Google by bidding to acquire Yahoo in th
Bradley - IM - 250
There are two categories of media companies, the ones that create waves and the ones that ride waves. Google can be considered a wave maker; the numerous companies that fear them can show Google's power. Google is the reason that a new industry of search
Bradley - IM - 250
January 2010, Google spent three million for a super bowl ad. When seven years earlier they were appalled at the idea. What a difference seven years makes. Schmidt said the reason they did it is because it was tested online first so they knew it would do
Bradley - CHEM - 112
1/22/2013CHEMISTRY 112 Engineering ChemistrySection 01 & 02 Dr. Campbell, Olin 211 x3029 campbell@bradley.edu Office Hours: 1:30-2:30 T Th, 9:30-10:30 WF Dr. Taylor, Olin 209 x 3026 mtaylor@bradley.edu Office hours: 1-4 M, W; 3-4:30 T, Th Syllabus: 4 Ex
Bradley - CHEM - 112
Entrance Assessment for General Chemistry 2 Periodic Table of the Elements1 H 1.008 3 Li 6.941 11 Na 22.99 19 K 39.10 37 Rb 85.47 55 Cs 132.9 87 Fr (223) 4 Be 9.012 12 Mg 24.31 20 Ca 40.08 38 Sr 87.62 56 Ba 137.3 88 Ra (226) 21 Sc 44.96 39 Y 88.91 71 Lu
Bradley - CHEM - 112
1/28/2013Thermodynamics H Chapter 5 Enthalpy Hess' Laws: Sign of H changes when reaction reversed H is independent of path taken State Property H is proportional to amount reacted Standard State S d dS Enthalpy of Formation: Hfo = 0 for elements in stand
Bradley - CHEM - 112
CHM 112 Equilibrium Problem Answers 15.15: (a) Kc = (d) Kc =[ N 2 O][ NO 2 ] [ NO]3(b) Kc = (e) Kc =[CS 2 ][H 2 ] 4 [CH 4 ][H 2 S] 2 [Ag ] 2 [ Zn 2 ](c) Kc =[CO] 4 [ Ni(CO) 4 ][H ][F ] [HF] [H 2 ][I 2 ] 0.0184 15.34 Kc = [HI] 215.51 I C E(f) Kc =
Bradley - CHEM - 112
Thermodynamics Problem Solutions 5.47 (a) (b) (c) (d)CHM 112H = + 726.5 kJ Reverse rxn, change sign H Double equation, double H = -1453 kJ Exothermic reactions more likely to be thermodynamically favored. Decrease. Evaporation of liquid to form gas is e
Bradley - CHEM - 112
Chapter 20 - Electrochemistry Oxidation-Reduction (Redox) Reactionsinvolves transfer of electrons between reactants and changes in oxidation numbers oxidation numbers - allows bookkeeping with electrons actual charge of the atom if it exists as a monatom
Bradley - CHEM - 112
3/1/2013Materials Chemistry Why study materials chemistry? Because usually the physical and mechanical properties of a material is defined by its chemical properties. Physical and Mechanical Properties: -electrical and thermal conductivity -density -pha
Bradley - CHEM - 112
Metallurgy Homework Problems`CHM 112From text: Ch 12: 2, 11, 16, 27, 28, 35, 37, 44, 47, 49 1. Complete and balance each of the following equations: (a) Cr2O3(s) + Na() (b) PbCO3(s) + heat (c) CdS(s) + O2(g) + heat (d) ZnO(s) + CO(g) + heat A sample co
Bradley - CHEM - 112
Metallurgy Problem Solutions 12.2CHM 112Structure is close-packed. The side view shows a ABAB repetition pattern, so is hexagonal close packed. In all close-packed structures, the coordination number = 12.12.11 (a) ionic (b) metallic (c) network covale
Bradley - CHEM - 112
Name _ Last 2 digits of I.D. number _ _ 1.112S12E2b 3-7-12What is the oxidation number of chlorine in chloric acid, HClO3? (a) -5 (b) -3 (c) -1 (d) +1 (e) +3 (f) +5(+1) + (ox Cl) + 3(-2) = 02.What is the smallest whole number coefficient for Br1- whe
Bradley - CHEM - 112
Name _ Last 2 digits of I.D. number _ _ 1.112S12E2b 3-7-12What is the oxidation number of chlorine in chloric acid, HClO3? (a) -5 (b) -3 (c) -1 (d) +1 (e) +3 (f) +52.What is the smallest whole number coefficient for Br1- when balancing the following r
Bradley - CHEM - 112
Bradley University CHM 112: Chemistry For EngineersSpring, 2013 Syllabus (v011813)Dr. Max Taylor Olin 209 677-3026 mtaylor@bradley.edu Office Hours Announced Dr. Dean Campbell Olin 211 677-3029 campbell@bradley.edu on Sakai Text: Brown, LeMay, Bursten,
Bradley - CHEM - 112
Chemistry 110: General Chemistry I Bradley UniversitySections 2 5 3,6,8 9 1,4,7 Faculty Dr. Wayne Bosma Dr. Kurt Field Dr. Michelle Fry Dr. Kristi McQuade Dr. Max Taylor Office # OH 212 OH 201 OH 206 OH 213 OH 209 Phone # 677-3025 677-3030 677-3744 677-3
UCSD - CHEM 140CH - 140CH
Syllabus Chemistry 140CH Spring 2013INSTRUCTOR: LECTURE HOURS: OFFICE HOURS: TEXT:Yitzhak Tor, 6225A Pacific Hall, ytor@ucsd.edu TuTh 5:006:20 PM, in YORK 2622 (Problem Session/Discussion: Wed, Pacific Hall 4501, 5:006:30 PM) Wed 2:003:00 pm, PACH 6225A
UCSD - CHEM 7L - 7L
CHEM 7L PRACTICE FINAL EXAMIMPORTANT STUDY RECOMMENDATIONSIn order to be best prepared for your upcoming cumulative final exam, make sure you review thefollowing items:-Pre- and postlab questions-Lecture notes and exercises included in the lecture
UCSD - CHEM 140BH - 140BH
1. (6 pt)a. Draw schematically the signals that will appear in the 1H NMR spectrum for theprotons labeled with an asterisk.OOONH2*OH*Br*b. How many signals will appear in the 13C (decoupled) NMR spectrum for each of thecompounds below?OHBr
Montgomery College - HS - 116
Jazz Music in the 1920sAlthough initially considered a passing musical fad when it was first recorded in 1917, jazz became themost influential form of American popular music during the 1920s. Jazz combined elements of ragtimecompositions, brass band ma
UCSD - CHEM 140BH - 140BH
Chem. 140BHWinter20082nd midtermLast Name:_ First Name_Student ID:_This exam accounts for 80 points of the total 400. You have 1 hour and 20 minutes tocomplete the exam. Read carefully each question before answering. Look through theexam so you ca
UCSD - CHEM 140BH - 140BH
Chem. 140BHWinter20082nd midtermLast Name:_KEY_ First Name_Student ID:_This exam accounts for 80 points of the total 400. You have 1 hour and 20 minutes tocomplete the exam. Read carefully each question before answering. Look through theexam so yo
Montgomery College - HS - 116
Pop Music in the 1920sThe 1920s marked a watershed in the development of American popular music, both in the ways thatmusic was disseminated and in the ways that music actually sounded. During the 1920s, venues such ascommercial radio, phonograph recor
UCSD - CHEM 140BH - 140BH
Syllabus Chemistry 140BH Winter 2013 INSTRUCTOR: LECTURE HOURS: OFFICE HOURS: COURSE WEB PAGE: Dr. Haim Weizman, Email: hweizman@ucsd.edu T, Th, 11:00 12:20, York 2622 Tu 1:003:00, or by ap
UCSD - CSE 21 - 21
Signature _Name _Student ID _FinalCSE 21Fall 2010Page 1_ (28 points)Page 2_ (11 points)Page 3_ (14 points)Page 4_ (11 points)Page 5_ (13 points)Page 6_ (26 points)Page 7_ (19 points)Page 8_ (8 points)Page 9_ (6 points)SubTotal_ (1
Montgomery College - HS - 116
Prohibition and Repeal (19201933)In December 1917, the U.S. Congress passed the Eighteenth Amendment to the Constitution, which, ifratified by three-quarters of the then-48 states, would make unlawful the manufacture, sale, transport,import, or export
UCSD - CSE 21 - 21
Student ID _Name _Signature _By filling in the above and signing my name, I confirm I will complete this exam with theutmost integrity and in accordance with the Policy on Integrity of Scholarship.FinalCSE 21Spring 2012Page 1_ (16 points)Page 2
UCSD - CHEM 6AH - 6AH
CHEM. 6A-Honors Fall 2010 December 10, 2010 FinalGENERAL CHEMISTRY John H. WeareName _ P.I.D _ INSTRUCTIONS: 1. Put your name and P.I.D on the first page only! Make sure all pages are stapled firmly together when you hand in your exam. Hand your exam to
Montgomery College - HS - 116
The Birth of the American Fad (Overview)During the 1920s, the growing influence of Hollywood motion pictures, commercial radio, modernadvertising, and mass-circulation magazines and newspapers generated enthusiasm for new fads.Advertising agencies and
UCSD - CHEM 6AH - 6AH
UCSD - CHEM 6AH - 6AH
Montgomery College - HS - 116
The Rise of Commercial Radio and Motion Pictures(Overview)On November 4, 1920, radio station KDKA, in Pittsburgh, Pennsylvania, carried the results of thepresidential election between Warren G. Harding and James M. Cox. This historic election-nightbro
UCSD - CHEM 6AH - 6AH
:rtif,rrPlcfw_,'1FG:. I' l' 1. ,iTo t:;nf.)',:"n!tilll' 1,ii;t ir\ i,-rCit':,'Ct,ntncfw_Lr,.,;:'., ihrre CCIcfw_lrif,*r:iii Art'it1.r t i; : ,:i t,Inl.1/-\i'|.11. lr; 't.i ii'iti l- iI ll0frcfw_'tniot tL-f , n*:;.:i'r il'*!r'cfw
UCSD - CHEM 6AH - 6AH
UCSD - CHEM 6AH - 6AH
CHEM 6AH STUDY GUIDE The majority of this "study guide" consists of notes from the book. A lot of the things here can be helpful, since you have to apply some theory in order to do the problems. Good luck everyone! -Eleanor Chapter 3: Forces and Potential
Montgomery College - HS - 116
Pop Music in the 1920sThe 1920s marked a watershed in the development of American popular music, both in the ways thatmusic was disseminated and in the ways that music actually sounded. During the 1920s, venues such ascommercial radio, phonograph recor