Elizabeth Coal Ltd has total assets of 8000000 common stock of 4200000 and

Elizabeth coal ltd has total assets of 8000000 common

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28.Elizabeth Coal Ltd has total assets of $8,000,000, common stock of $4,200,000, and liabilities of $1,200,000. What is the value of the retained earnings? a.$3,800,000b.$6,800,000c.$5,400,000d.$2,600,000 29.How are short-term investments classified on a classified balance sheet? 30.A payment to be made within the next year on a long-term obligation ____ be classified as a current liability. Use ratios to evaluate a company’s profitability, liquidi…31.Grossman Lumber reported $102,000 net cash provided by its operating activities. If the company invests $4,000 in capital expenditures and distributes $8,000 in dividends, its free cash flow will be
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32.Goodman’s has current assets of $2,500,000 and current liabilities of $1,000,000. If they pay $250,000 of their accounts payable, what will their new current ratio be? a.1.2:1b.4:1c.3:1d.2.0:1 33.Good Buys has current assets of $2,500,000 and current liabilities of $1,000,000. If they issue $50,000 of new stock. What will their new current ratio be? 34.A frozen yogurt business has current assets of $25,000 and current liabilities of $10,000. Its current ratio is 35.In 2017, Rigby Construction had net income $32,000; net sales $200,000; and average share outstanding $12,000. There were no preferred dividends. What was the company’s 2017 earnings per share? 36.Pembroke Company produced and sold 3,300 copiers during 2017. It reported $200,000 cash provided by operating activities. In order to maintain production at 3,300 recorders. Pembroke invested $10,200 in equipment. Pembroke paid $1,200 in dividends. What is Pembroke’s free cash flow? a.$213,200b.$210,200c.$188,600d.$189,800 37.Sol-Tex has net income of $1,300,000 and $400,000 shares outstanding. It has preferred dividends of $300,000. What are the earnings per share? 38. In 2017, Cooke Corporation had cash receipts of $46,000 and cash disbursements of $22,000. Cooke’s ending cash balance at December 31, 2017, was $78,000. What was Cooke’s beginning cash balance?
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39.How would a company use information about the relationship between current assets and current liabilities? 40.Which of the following are measures of liquidity? Select all that apply. a.Current ratiob.Working capitalc.Stockholders’ equityd.Debt to assets ratio41.Working capital is a measure of a company’s 42.
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