Homework Answers
Answers : $300,000
Accounting Equation
Total Assets = Total Liabilities + Total Stockholders' Equity
( can Be Rearranged in to )
Total Liabilities = Total Assets - Total Stockholders' Equity = $900,000- $600,000
= $ 300,000 ( Answer)
Add Answer to:
Wolfpack Inc. has the following information available at year-end: Total Assets Total Stockholders' Equity- Question: What...
Wolfpack Construction has the following account balances at the end of the year. Accounts Balances Equipment...
Wolfpack Construction has the following account balances at the end of the year. Accounts Balances Equipment $ 19,000 Accounts payable 1,600 Salaries expense 26,000 Common stock 12,000 Land 11,000 Notes payable 13,000 Service revenue 32,000 Cash 4,600 Retained earnings ? Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet Assets Liabilities Total liabilities Stockholders’ Equity Total stockholders’ equity Total assets Total liabilities and stockholders’ equity
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts...
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $26,000 3,000 33,000 11,000 18,000 20,000 39,000 6,000 Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities UNI Retained earnings Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities 11...
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts...
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $19,500 1,700 26,500 11,000 11,500 13,500 32,500 4,700 Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts...
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $16,500 1,100 23,500 11,000 8,500 10,500 29,500 4,100 Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Liabilitie / / / / / Total liabilities / Stockholders' Equity / Total assets Total stockholders' equity Total liabilities and stockholders' equity S 0
At the end of 2017, Alphabet, Inc., reported stockholders’ equity of $152,502 million and total assets...
At the end of 2017, Alphabet, Inc., reported stockholders’ equity of $152,502 million and total assets of $197,295 million. Its balance in stockholders’ equity at the end of 2016 was $139,036 million. Net income in 2017 was $12,662 million. a. Calculate Alphabet, Inc., return on equity ratio for 2017. (Round your answer to one decimal place.) b. Calculate its debt-to-equity ratio as of December 31, 2017. (Hint: Apply the accounting equation to determine total liabilities.) Round your answer to one...
Wolfpack Construction has the following account balances at the end of the year Accounts Equipment Accounts...
Wolfpack Construction has the following account balances at the end of the year Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $23,eee 2,400 3e. 11,eee 15,000 17,000 36.000 5.4ee Required: Use only the appropriate accounts to prepare a balance sheet WOLFPACK CONSTRUCTION Balance Sheet December 31 Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders'...
Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders' equity, end-of-year $ 16,953 722,855 93,932 113,201 208,935 136,851 The return on total assets is: (Do not round intermediate calculations.) Multiple Choice 2.61% D 6.13% 2.89% O N 2.35% 2.39% < Prex 21 of 36 !!! Next > to search SAMSUNG
Return on total assets A company reports the following income statement and balance sheet information for...
Return on total assets A company reports the following income statement and balance sheet information for the current year $410,000 Net income 90,000 Interest expense 5,000,000 Average total assets Determine the return on total assets. (Round percentages to one decimal place.) Long-Term Solvency Analysis The following information was taken from Charu Company's balance sheet: Fixed assets (net) $860,000 Long-term liabilities 200,000 Total liabilities 600,000 Total stockholders' equity 250,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and...
A company’s balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets...
A company’s balance sheet reports stockholders' equity of $400,000, total liabilities of $600,000, and total assets of $1,000,000. What is the company’s debt to equity ratio?
At the end of the current year, the following information is available for both the Pulaski...
At the end of the current year, the following information is available for both the Pulaski Company and the Scott Company. Pulaski CompanyScott CompanyTotal assets$1,800,000$900,000Total liabilities720,000480,000Total equity1,080,000420,000Required1. Compute the debt-to-equity ratio for both companies.2. Comment on your results and discuss the riskiness of each company’s financing structure.
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $26,000 3,000 33,000 11,000 18,000 20,000 39,000 6,000 Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities UNI Retained earnings Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities 11...
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $19,500 1,700 26,500 11,000 11,500 13,500 32,500 4,700 Required: Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Assets Liabilities Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity Total assets
Wolfpack Construction has the following account balances at the end of the year. Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $16,500 1,100 23,500 11,000 8,500 10,500 29,500 4,100 Use only the appropriate accounts to prepare a balance sheet. WOLFPACK CONSTRUCTION Balance Sheet December 31 Liabilitie / / / / / Total liabilities / Stockholders' Equity / Total assets Total stockholders' equity Total liabilities and stockholders' equity S 0
Wolfpack Construction has the following account balances at the end of the year Accounts Equipment Accounts payable Salaries expense Common stock Land Notes payable Service revenue Cash Retained earnings Balances $23,eee 2,400 3e. 11,eee 15,000 17,000 36.000 5.4ee Required: Use only the appropriate accounts to prepare a balance sheet WOLFPACK CONSTRUCTION Balance Sheet December 31 Total liabilities Stockholders' Equity Total stockholders' equity Total liabilities and stockholders' equity
Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year Total stockholders' equity, beginning-year Total stockholders' equity, end-of-year $ 16,953 722,855 93,932 113,201 208,935 136,851 The return on total assets is: (Do not round intermediate calculations.) Multiple Choice 2.61% D 6.13% 2.89% O N 2.35% 2.39% < Prex 21 of 36 !!! Next > to search SAMSUNG
Return on total assets A company reports the following income statement and balance sheet information for the current year $410,000 Net income 90,000 Interest expense 5,000,000 Average total assets Determine the return on total assets. (Round percentages to one decimal place.) Long-Term Solvency Analysis The following information was taken from Charu Company's balance sheet: Fixed assets (net) $860,000 Long-term liabilities 200,000 Total liabilities 600,000 Total stockholders' equity 250,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and...
Most questions answered within 3 hours.
-
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 5 minutes ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 1 hour ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 1 hour ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 1 hour ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 1 hour ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 1 hour ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 2 hours ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 2 hours ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 2 hours ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 2 hours ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 2 hours ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 2 hours ago