Fill This Form To Receive Instant Help

Help in Homework
trustpilot ratings
google ratings


Homework answers / question archive / Rewrite the listed below balance sheet, then compute the SRSB CORP's value

Rewrite the listed below balance sheet, then compute the SRSB CORP's value

Finance

Rewrite the listed below balance sheet, then compute the SRSB CORP's value. SRSB CORP, BALANCE SHEET, 31 DECEMBER 2019 Current assets Cash and Cash equivalents Short term investments Net receivables inventory Other Current Assets Total Current Assets 1,200,000 500,000 15,400,100 8,963,050 802.000 26,865,150 Current Liabilities Accounts Payable Short-term debt Other current liabilities Total Current liabilities 16,750,000 8,000,000 3,680,000 28.430,000 Long-term debt Other liabilities 25,740,300 11.904.000 Long Term Investments Property, plant and equipment (net) Goodwill Intangible assets Other assets Deferred long-term asset charges 12,650,980 22,000,500 7,100,000 5.260,800 1,093.870 1.962.500 Minority Interest Total liabilities 50,000 66,124,300 stocks, options, warrants common stock retained camnings treasury stock other stockholder equity total equity Total equity and liabilities 250,000 5,000,000 24,840,000 -2,380,000 -16.900,500 10,809,500 76,933,800 Total Assets 76,933.800

pur-new-sol

Purchase A New Answer

Custom new solution created by our subject matter experts

GET A QUOTE

Answer Preview

SRSB Corp balance Sheet, 31 december 2019  
         
Current Assets     Current Liabilities  
Cash & cash equivalent 1200000   Accounts payable 16750000
Short term investment 500000   Short term debt 8000000
Net receivables 15400100   Other current liabilities 3680000
Inventory 8963050   Total current liabilities 28430000
Other current assets 802000      
Total current assets 26865150   Long term debt 25740300
      Other liabilities 11904000
Long term investment 12650980      
PPE (Net) 22000500   Minority interest 50000
Goodwill 7100000   Total liabilities 66124300
Intangible assets 5260800      
Other assets 1093870   Stocks, options, warrant 250000
Deferred long term asset charges 1962500   Common stock 5000000
      retained earnings 24840000
      treasury stock -2380000
      Other stockholder equity -16900500
      total equity 10809500
Total Assets 76933800   total equity and liabilities 76933800

SRSB's corp value = Total equity + Minority interest - Deferred long term asset charge

=10809500 + 50000 - 1962500

= 8897000