Finance > QUESTIONS & ANSWERS > WGU Principles of Finance C708 PreAssessment Questions and Answers Rated A+ (All)
WGU Principles of Finance C708 PreAssessment Questions and Answers Rated A+
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$227 million ✔✔A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. What is the total for the compan... y's current assets? a.) $262 million b.) $119 million c.) $128 million d.) $227 million $114.9 million ✔✔A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million and interest expense of $40.2 million. What is the company's net income if the tax rate is 35%? (Round your answer to the nearest decimal place.) a.) $407.0 million b.) $217.0 million c.) $114.9 million d.) $187.6 million d. ✔✔Which item from a company's financial statement is considered a non-cash item? a.) Interest b.) Taxes c.) Utilities d.) Intangibles [Show More]
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