Figuring out current assets, short term investments, and stock holders equity, I knows the answers for current assets and short term investments. I Just want to see how to figure it out.
Cash and cash equivalents
5,000

Accounts receivable (net)
20,000

Inventories
60,000

Property, plant, and equipment (net)
120,000

Accounts payable
44,000

Wages payable
15,000

Paid-in-capital
100,000

Cash and cash equivalents
5,000

Accounts receivable (net)
20,000

Inventories
60,000

Property, plant, and equipment (net)
120,000





Accounts payable
44,000

Wages payable
15,000

Paid-in-capital

The only asset not listed is short-term investments. The only liabilities not listed are a $30,000 note payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5:

assets - liabilites = equity, since you have all the numbers shouldn't be difficult

Quote:

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Originally Posted by paraclete

assets - liabilites = equity, since you have all the numbers shouldn't be difficult

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I meant with the investment part of the problem?

Will I say it again. I intrepret your remarks as asking how you calculate equity