Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Basic Finance Expert

alculate the NWC to total assets ratio for each year. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places,

e.g., 32.16.) 2014 2015 NWC ratio % % Just Dew It Corporation reports the following balance sheet information for 2014 and 2015. JUST DEW IT CORPORATION 2014 and

2015 Balance Sheets Assets Liabilities and Owners' Equity 2014 2015 2014 2015 Current assets Current liabilities Cash $ 11,000 $ 14,250 Accounts payable $ 54,000 $ 63,750 Accounts receivable 27,000 36,750 Notes payable 14,800 20,500 Inventory 75,000 96,250 Total $ 113,000 $ 147,250 Total $ 68,800 $ 84,250 Long-term debt $ 50,000 $ 40,000 Owners' equity Common stock and paid-in surplus $ 55,000 $ 55,000 Retained earnings 226,200 320,750 Net plant and equipment $ 287,000 $ 352,750 Total $ 281,200 $ 375,750 Total assets $ 400,000 $ 500,000

Total liabilities and owners' equity $ 400,000 $ 500,000 Based on the balance sheets given for Just Dew It:

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91415865
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Basic Finance

A stock can be sold for 1425 the investment bank charges

A stock can be sold for $14.25. The investment bank charges $1.10 per share for creating and marketing the shares. If the last dividend was $.91 and the growth rate is 2.1%, what is the cost of new common stock financing ...

Tom decides to open a small italian wine store in an

Tom decides to open a small Italian wine store in an affluent South Florida neighborhood. He will be an absentee owner and has hired Vinnie as the store manager. He has agreed to pay Vinnie a fixed salary of $75,000 per ...

A 3d printer company decided on new product features and

A 3D printer company decided on new product features and design after extensive prototyping for its new printer. The company's marketing team created some buzz by posting a YouTube video displaying a variety of projects ...

Question - pkof considers bidding for a big dredging

Question - PKOF considers bidding for a big dredging project in the port of Lagos. The project would yield annual cash flows of 2.5 billion NGN for the next three years. At the current exchange rate of NGN 125/EUR, this ...

Discuss the project factors listed in the chaos study of

Discuss the project factors listed in the CHAOS Study of information technology project management

How much money would you need to deposit today at 2600

How much money would you need to deposit today at 26.00% annual interest compounded monthly to have $48,866 in the account after 7 years? If you deposit $806 into an account paying 23.00% annual interest compounded quart ...

What are the effects of coupon rate to the sensitivity of a

What are the effects of coupon rate to the sensitivity of a bond price and to changes in interest rates?

Principals of financial markets group assignment -in groups

Principals of Financial Markets Group Assignment - In groups of 3-4, students should choose firstly an industry and secondly two (2) ASX listed companies in this same industry upon which to undertake a fundamental analys ...

Your sister just deposited 11500 into an investment account

Your sister just deposited $11,500 into an investment account. She believes that she will earn an annual return of 10 percent for the next 7 years. You believe that you will only be able to earn an annual return of 9.2 p ...

Question - how is cash flow different than net income what

Question - How is cash flow different than net income? What are some items included in the cash flow statement that are not included in the profit and loss statement? Write a 3-6 paragraph response to the above question( ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As