daytonalive6511
13.01.2021 •
Business
Luther Corporation Consolidated Balance Sheet December 31, 2009 and 2008 (in $ millions) Assets 2009 2008 Liabilities and Stockholders' Equity 2009 2008 Current Assets Current Liabilities Cash 63.6 58.5 Accounts payable 87.6 73.5 Accounts receivable 55.5 39.6 Notes payable/ short-term debt 10.5 9.6 Inventories 45.9 42.9 Current maturities of long-term debt 39.9 36.9 Other current assets 6.0 3.0 Other current liabilities 6.0 12.0 Total current assets 171.0 144.0 Total current liabilities 144.0 132.0 Long-Term Assets Long-Term Liabilities Land 66.6 62.1 Long-term debt 239.7 168.9 Buildings 109.5 91.5 Capital lease obligations --- --- Equipment 119.1 99.6 Total Debt 239.7 168.9 Less accumulated depreciation (56.1) (52.5) Deferred taxes 22.8 22.2 Net property, plant, and equipment 239.1 200.7 Other long-term liabilities --- --- Goodwill 60.0 -- Total long-term liabilities 262.5 191.1 Other long-term assets 63.0 42.0 Total liabilities 406.5 323.1 Total long-term assets 362.1 242.7 Stockholders' Equity 126.6 63.6 Total Assets 533.1 386.7 Total liabilities and Stockholders' Equity 533.1 386.7 What is Luther's net working capital in 2008
Solved
Show answers
More tips
- P Philosophy How to Properly Create a Vision Board?...
- C Computers and Internet What is Web 2.0 and How Does it Work?...
- S Style and Beauty Is Photoepilation the Solution to Unwanted Hair Forever?...
- O Other What is a Disk Emulsifier and How Does it Work?...
- F Family and Home What does a newborn need?...
- F Family and Home Choosing the Right Car Seat for Your Child: Tips and Recommendations...
- F Food and Cooking How to Get Reconfirmation of Registration?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
- A Art and Culture Who Said The Less We Love a Woman, the More She Likes Us ?...
- F Family and Home How to Get Rid of Your Neighbors?...
Answers on questions: Business
- B Business remained one of the leading causes of death among persons 25-44 years of age in the u.s. accounting for 19 percent of deaths from all causes in this age group....
- B Business The future growth of a company is endangered when management:...
- B Business Is it better to have more money in liabilities or equity?...
- B Business Vincent has set a financial goal to purchase a home in five years. he wants a two-bedroom house with a small backyard in the north side of the city. he has $5,000 currently in his...
- M Mathematics Triangle T and triangle U both have angles of 36 and 44. Two of the side angles of Triangle T are 6cm and 15cm. Which lengths could be the side lengths of triangle U?...
- H History Help me plz due in a couple of minutes!...
- M Mathematics WILL GIVE BRAINLIEST TO CORRECT ANSWER...
- H History Year Expenditures Tax Revenues GDP 1 $420 $400 $7,500 2 $470 $420 $7,900 3 $510 $450 $8,100 4 $450 $480 $8,300 Suppose that initially there is no public debt. Using the above table,...
- H History The following can can be defined from which below: expansion of production capabilities & dominance of the U.S in the global economy after WWI O a. Italy Ob.U.S.S.R Oc Causes...
- M Medicine (Pregnancy Case Study) Rosie is now 28 weeks pregnant and currently weighs 174 pounds (79 kg). Her pre-pregnant weight was 153 pounds (69.5 kilograms). Rosie recorded her protein...
Ответ:
27.0 million
Explanation:
Net Working Capital is the difference between the company`s short term assets or current assets and its short term obligations or current liabilities
Net Working Capital = Current Assets - Current Liabilities
where,
For 2008, Luther Corporation
Current Assets = $171.0 million
Current Liabilities = $144.0 million
therefore,
Net Working Capital = $171.0 million - $144.0 million
= 27.0 million
Conclusion :
Luther's net working capital in 2008 is 27.0 million
Ответ:
the answer is A, C, D
Explanation: