You are evaluating the balance sheet for National Nut Company. From the balance sheet you find...

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Finance

You are evaluating the balance sheet for National Nut Company.From the balance sheet you find the following balances: Cash andmarketable securities = $34,800, Accounts receivable = $118,600,Inventory = $208,700, Fixed plant and equipment = $400,000, Accruedwages and taxes = $58,600, Accounts payable = $96,100, notespayable (short-term) = $135,000 and long-term debt = $255,000.Calculate net working capital for National Nut Company. (Note: Likemany questions on the assignment, not all of the information listedis necessary to find the solution.) A. less than $52,000
B. more than $52,000 but less than $70,000
C. more than $70,000 but less than $88,000
D. more than $88,000 but less than $106,000
E. more than $106,000
5. Worthwhile Wares, Inc. began the year 2014 with $13.4 millionin retained earnings. The firm suffered a net loss of $2.1 millionin 2012 and yet paid $1.2 million to its preferred stockholders and$2.5 million to its common stockholders. What is the year-end 2014balance in retained earnings for Worthwhile Wares? A. $7.6million
B. $9.7 million C. $10.9 million
D. $13.4 million
E. $15.0 million
6. In 2016, Creative Cake Shop had cash flows from operations of$275,000 and cash flows from financing activities of $250,000. Thebalance in the firm's cash account was $80,000 at the beginning of2014 and $65,000 at the end of the year. What was Creative CakeShop's cash flow from investing activities for 2014? A.$415,000
B. $–510,000
C. $–525,000
D. $–530,000
E. $–540,000
7. Sweet Pecans, Inc. has total assets of $380,000 of which$120,000 are current assets. Cash makes up 20 percent of thecurrent assets and accounts receivable makes up another 15 percentof current assets. Sweet Pecan’s gross plant and equipment has abook value of $215,000 and other long-term assets have a book valueof $100,000. What is the balance of depreciation on the balancesheet for Sweet Pecans?
A. $25,000
B. $40,000 C. $50,000
D. $55,000
E. $75,000
8. In 2016, a firm had cash flows from financing activities of– $50,000 and cash flows from investing activitiesof – $225,000. The balance in the firm's cashaccount was $80,000 at the beginning of 2012 and $95,000 at the endof the year. What was the firm’s cash flow from operations for2016? A. $ 15,000
B. $ 95,000
C. $275,000
D. $290,000
E. $370,000

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Answer to Question 4 Current Assets Cash and Marketable Securities Accounts Receivable Inventory Current Assets 34800 118600 208700 Current Assets 362100 Current Liabilities Accrued Wages and Taxes Accounts Payable Notes Payable Current Liabilities 58600 96100 135000 Current Liabilities 289700 Net Working Capital Current Assets See Answer

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You are evaluating the balance sheet for National Nut Company.From the balance sheet you find the following balances: Cash andmarketable securities = $34,800, Accounts receivable = $118,600,Inventory = $208,700, Fixed plant and equipment = $400,000, Accruedwages and taxes = $58,600, Accounts payable = $96,100, notespayable (short-term) = $135,000 and long-term debt = $255,000.Calculate net working capital for National Nut Company. (Note: Likemany questions on the assignment, not all of the information listedis necessary to find the solution.) A. less than $52,000B. more than $52,000 but less than $70,000C. more than $70,000 but less than $88,000D. more than $88,000 but less than $106,000E. more than $106,0005. Worthwhile Wares, Inc. began the year 2014 with $13.4 millionin retained earnings. The firm suffered a net loss of $2.1 millionin 2012 and yet paid $1.2 million to its preferred stockholders and$2.5 million to its common stockholders. What is the year-end 2014balance in retained earnings for Worthwhile Wares? A. $7.6millionB. $9.7 million C. $10.9 millionD. $13.4 millionE. $15.0 million6. In 2016, Creative Cake Shop had cash flows from operations of$275,000 and cash flows from financing activities of $250,000. Thebalance in the firm's cash account was $80,000 at the beginning of2014 and $65,000 at the end of the year. What was Creative CakeShop's cash flow from investing activities for 2014? A.$415,000B. $–510,000C. $–525,000D. $–530,000E. $–540,0007. Sweet Pecans, Inc. has total assets of $380,000 of which$120,000 are current assets. Cash makes up 20 percent of thecurrent assets and accounts receivable makes up another 15 percentof current assets. Sweet Pecan’s gross plant and equipment has abook value of $215,000 and other long-term assets have a book valueof $100,000. What is the balance of depreciation on the balancesheet for Sweet Pecans?A. $25,000B. $40,000 C. $50,000D. $55,000E. $75,0008. In 2016, a firm had cash flows from financing activities of– $50,000 and cash flows from investing activitiesof – $225,000. The balance in the firm's cashaccount was $80,000 at the beginning of 2012 and $95,000 at the endof the year. What was the firm’s cash flow from operations for2016? A. $ 15,000B. $ 95,000C. $275,000D. $290,000E. $370,000