Fungal Boiling Tea Inc. has fixed assets of $27,730. The company has long-term debt of $34,780 and
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Fungal Boiling Tea Inc. has fixed assets of $27,730. The company has long-term debt of $34,780 and note-payables (short-term) of $16,920, as well as stockholder equity of $5,875. What is the amount of net working capital?
Sweat Gains Fitness Centers Corp. paid $823 in dividends and $1,692 in interest expense in 2020. The addition to retained earnings was $1,280.75 and net new equity is $705. The average tax rate was 21 percent. Sales were 42,770 and depreciation was $1,645. What were the earnings before interest and taxes in 2020, to the nearest dollar?
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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