1)What is the value of total assets 2)What is the value of current liabilities 3)Calculate the working capital Debtors 62,000 Plant Machinery 59,000 Bank overdraft 21,000 Cash 35,000 Motor Van 58,000 Inventories 11,000 Creditors 45,000 ...

1 The Value of total assets are as follows Total Assets Cash Debtor Inventories Plant and Mach ...

1)What is the value of total assets? 2)What is the value of current liabilities? 3)Calculate the working...

Fantastic news! We've Found the answer you've been seeking!

Question:

1)What is the value of total assets?

2)What is the value of current liabilities?

3)Calculate the working capital?

Debtors	£62,000
Plant & Machinery	£59,000
Bank overdraft	£21,000
Cash	£35,000
Motor Van	£58,000
Inventories	£11,000
Creditors	£45,000

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

See More Books

Posted Date: Jan 05, 2023 11:26 PM

See More Questions

What is the value of the engineering software packages in? (a) Engineering education and (b) Engineering practice?
What is the value of the Clapeyron equation in thermodynamics?
What is the value of the constant A in Eq. (42.10) that makes (x, y, z) normalized?
The graph of f(x) = ax 2 + bx + c is shown in the figure. Solve each inequality. (a) f(x) < 0 (b) f(x) = 0 I 3 -y=f(x)
Villa Company has experienced tough competition, leading it to seek concessions from its employees in the companys pension plan. In exchange for promises to avoid layoffs and wage cuts, the employees...
In Exercises 43 through 76, simplify the given expression as much as possible. Assume a, b, and c are positive real numbers. Va5620 35 151,20
A bar magnet is enclosed by a spherical surface. (a) What is the magnetic flux through the entire surface? (b) If the magnetic flux through the hemisphere closest to the magnet's north pole is...
The IRS wants to develop a method for detecting whether or not individuals have overstated their deductions for charitable contributions on their tax returns. To assist in this effort, the IRS...
3. You purchased a 3 year coupon bond one year ago. Its par value is $1,000 and coupon rate is 6%, paid annually. At the time you purchased the bond, its yield to maturity was 6.5%. Suppose you sell...
David R. and Ella M. Cole (ages 39 and 38, respectively) are husband and wife who live at 1820 Elk Avenue, Denver, CO 80202. David is a self-employed consultant, specializing in retail management and...
Process the same data in staffSalaryList, now recorded in a dictionary staffSalaryDict with staff number as key and salary as value. (i) Initialise staffSalaryDict using the data in staffSalaryList....
What are the differences among types of life insurance?
(a) Compute the vertical deflection and slope of the cantilever beam at points $B$ and $C$ in Figure P8.20. Given: $E I$ is constant throughout, $L=12 \mathrm{ft}$, and $E=$ \(4000...
Determine the reactions at supports $A$ and $E$ in Figure P9.46. EI is constant for all members. B sm 100 KN C 12 m D E 8 m
Describe the macroeconomic equilibrium after an increase in spending by Gen Z: a. If the economy had been operating below full employment equilibrium. b. If the economy had been operating at a full...
The Equal Employment Opportunity Commission (EEOC) recently has been hit with many newly filed cases that allege discrimination based on caregiver status. The cases involve, for example, a police...
Papaya Inc. is considering a new project in the fruit distribution business. It has a D/E ratio of 2.5, a marginal tax rate of 30%, and its debt currently yields 12%. Passion fruit Inc, is a publicly...
How does health insurance risk differ from other types of insurance risk (e.g., automobile or homeowners insurance)? What is the difference between cost sharing and cost shifting? Is retiree health...
The Amity Community Centre (ACC) has decided that it will proceed with a capital campaign this year. The building that it uses is in dire need of major repair and the board of directors feels that...
Aquatic Biotechnology Inc. (ABI) is a medium-sized, public company operating an aquaculture business in eastern Canada. The company has been in operation since the mid-1990s, and during the latter...
Discuss the relative merits of accounting for investments at cost, at fair value, and using the equity method.
Perhaps the most famous case illustrating the enormous cost of winning back lost customers is that of the Tylenol Murders. Seven people in the Chicago area died suddenly after taking Tylenol...
Give a brief rationale for empowerment.
Describe the concept of MBWA.

1)What is the value of total assets? 2)What is the value of current liabilities? 3)Calculate the working...

Question:

Expert Answer:

1 The Value of total assets are as follows Total Assets Cash Debtor Inventories Plant and Mach... View the full answer

Advanced Accounting

Students also viewed these accounting questions