Question: will rate! :) please show steps clearly thank you!! Consider a firm with Total Assets of $5,683, Cash and Equivalents of $138, Inventories of $611


Consider a firm with Total Assets of $5,683, Cash and Equivalents of $138, Inventories of $611 and Net Fixed Assets of $1.241. What is the firm's Accounts Receivable? You answer should be in dollars (example: $300 or 300 are both acceptable) On your own... think about how you might find the firm's current assets given the information in this problem Consider a firm with Total Liabilities of $5,683, total current liabilities of $138, notes payable of $611 and accruals of $1,241. What is the firm's Total Long Term Liabilities? Be careful of redundant information here! You answer should be in dollars (example: $300 or 300 are both acceptable) On your own... think about how the firm's Total Liabilites is different than the firm's Total Debt See Section 3-2A for details on this comparison Consider a firm with Current Liabilities of $336, Long Term Debt of $1,669, Net Fixed Assets of $848 and Total Common Equity of $391. What is the firm's Current Assets? Hint: Start by finding the firm's Total Liabilities and Equity. Next remember this equals Total Assets. Now subtract Net Fixed Assets to find Current Assets
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