The assets of Dallas & Associates consist entirely of current assets and net plant and equipment. The firm has total assets of $2.4 million and net plant and equipment equals $1.9 million. It has notes payable of $145,000, long-term debt of $752,000, and total common equity of $1.45 million. The firm does have accounts payable and accruals on its balance sheet. The firm only finances with debt and common equity, so it has no preferred stock on its balance sheet.

BALANCE SHEET The assets of Dalas & Associates consist endirey r ourrent assets and net plant and equipmens. The firm has total assets cr s24 mllion and net plant and equipmen equals si,9 miion, It hes notes payable or $145,000, lang-term debt of s752,000, and total cemmon equty or s1.45 mitien The firm does have accounts payable and accrudis on its balance sheet. Tre firm only finances h debt and common equity, so it has no preferred stock on its balance sheet write out your answers completely. For example, 25 milion should be entered25,000,000. Enter negative 2mounts, if any, with a minus sign. . wnat is tne company's total debt? .0o0 897 . what s the amount or totel eties and equity the eppeers on the fim's belence sheet? 2.400.000 c. What & the balance of current assets on the firms balancc sheet? 00,000 d, what sthe balance of current liabicies om the firm's baianca sheet? 98,co0 e. wnat s tne amount or accounts cereale and accrues on its balance sneet? [Hnt: Corsaer as single ine item on tne nrm's belance sheet.] . What the firm's ret working capital? $2,255.c00 . what is the firm's ret operating working capital $2,100,000 n, wnat is the monetary aifference between your ansners to pat f andg 150.000 at dnes nsatere tenes B