Ruby Enterprises Ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Ruby Enterprises Ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable of $10 million, notes payable of $12 million, and inventory worth $18 million. What is the value of total liabilities of Ruby Enterprises? Ruby Enterprises Ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable of $10 million, notes payable of $12 million, and inventory worth $18 million. What is the value of total liabilities of Ruby Enterprises?
Expert Answer:
Answer rating: 100% (QA)
The total value of liabilities of Ruby Enterprises is T... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
Students also viewed these finance questions
-
The financial statements of Lioi Steel Fabricators are shown below-both the actual results for 2012 and the projections for 2013. Free cash flow is expected to grow at a 6% rate after 2013. The...
-
The unclassified statement of financial position accounts for Sorkin Corporation, which is a public company using IFRS, for the year ended December 31, 2016 and its statement of comprehensive income...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Water is pumped out of a holding tank at a rate of 5 5e 0.12t liters/minute, where t is in minutes since the pump is started. If the holding tank contains 1000 liters of water when the pump is...
-
An electric resistance heater is embedded in a long cylinder of diameter 30 mm. When water with a temperature of 25C and velocity of 1 m/s flows crosswise over the cylinder, the power per unit length...
-
The auditors' report below was drafted by a staff accountant of Baker and Baker, CPAs, at the completion of the audit of the comparative financial statements of Ocean Shore Partnership for the years...
-
Gear Heads, Inc., restores antique automobiles. The retained earnings balance of the corporation was \($32,000\) at December 31,2009. During 2010, the corporation paid \($40,000\) in dividends to its...
-
Two Chaps and a Truck Movers have been hired to move the office furniture and equipment of Wray Properties to the companys new headquarters. What route do you recommend? The network of roads is shown...
-
Your sisters Rebecca and Debra each just bought a house. Each sister paid $750,000 for the house. Each sister had a down payment of $200,000. Each sister got a mortgage with a 5 year term and a 25...
-
Graph two periods of the function (x) = 3cot x/2 + 1.
-
4. At 10:00 am a car starts travelling south from a fixed point at 33 km/h. At 12:30 pm, and from the same point, another car starts travelling west at 45 km/h. How fast are the two cars separating...
-
For the following figure, draw 2 times scale the Front, Right and Top orthographic views using the dimensions supplied (cm). (2 marks each) FRONT Note: 3.75 1.63 t 1.63 1.25 1.75-1.00 1.13 -2.24-...
-
In spherical coordinates, z = r cos(theta), so the z operator equals the r operator multiplied by sin(theta): a) In the ground state of the hydrogen atom calculate and . b) What would you expect for...
-
1. Find Total Cost, Average Total Cost and Marginal Cost for 2000th, 4000th and 5000th cases TC= 5000+ 2.75Q - .0005Q^2 + .00000025Q^3 MC= 2.75- .0010Q + .00000075Q^2 2. make a graph for total cost...
-
(a). Company Inc., private consumer regulator firm, claims that the standard deviation of the rating of Formula One races in the town main car racing circuit was at least 15.34. (b). An outside...
-
4. (1pt) You just purchased a zero coupon bond from the Treasury for $950.00. The bond has a face value of $1,000 and matures in 5 years. What is the yield you will earn if you hold the bond until...
-
I frequently use NY Times and CNN and am aware of Fox News but I never use it. I visit these sites, NY Times and CNN, a few times a week whenever I have to research something or see something on...
-
Use a calculator to evaluate the expression. Round your result to the nearest thousandth. V (32 + #)
-
Problem 10.16 projects financial statements for Wal-Mart Stores for Years +1 through +5. The data in Exhibits 12.16, 12.17, and 12.18 in Chapter 12 include the actual amounts for Year 4 and the...
-
Wal-Mart Stores leases most of its office, warehouse, and retail space under a combination of capital and operating leases. The disclosures related to capital leases for its fiscal year ending...
-
Motors (GM) acquired equipment used in its administrative activities for $100,000 on January 1, Year 4. The equipment had an expected useful life of four years and zero salvage value . GM calculates...
-
A process is said to be uniform if there is (a) No change with time (b) No change with location over a particular region (c) Both(a) and (b) (d) Neither (a) nor (b).
-
In a throttling device the (a) Isentropic process takes place (b) Gas undergoes compression process slowly and adiabatically (c) Cooling effect is always obtained (d) None of these.
-
Throttling is an (a) Isentropic process (c) Isobaric process (b) Isochoric process (d) Isenthalpic process.
Study smarter with the SolutionInn App