Option D is correct. $29,000.
Calculation :
Assets = Liabilities + Shareholders' equity
Or
Assets = Liabilities + Common stock + Retained Earnings
So, Common Stock = Assets - Liabilities - Retained Earnings
Common Stock = $82,000 - $43,000 - $10,000
Common Stock = $29,000
The following amounts are reported in the ledger of Mariah Company: Assets Liabilities Retained Earnings $82,000...
The following amounts are reported in the ledger of Mariah Company: Assets Liabilities Retained Earnings S75 000 43,000 11,500 What is the balance in the common stock account? Multiple Choice o С ѕѕ4.00 o C S2 роо o О 320.500 o О звою
At the time of liquidation, Fairchild Company reported assets of $200,000, liabilities of $120,000, common stock of $90,000 and retained earnings of ($10,000). What amount of Fairchild's assets are the shareholders entitled to receive? Multiple Choice $200,000 $80,000 $90,000 $100,000
The classified balance sheet for a company reported current assets of $1,688,830, total liabilities of $800,540, Common Stock of $1,010,000, and Retained Earnings of $131,260. The current ratio was 2.6 What is the total amount of noncurrent assets? Multiple Choice $252,970 $649,550 $547,570 $888,290
Income Statement, Retained Earnings Statement, and Balance Sheet The amounts of the assets and liabilities of Glacier Travel Service at September 30, 20Y6, the end of the current year, and its revenue and expenses for the year. The retained earnings were $48,840 on October 1, 20YS, the beginning of the current year. During the current year, dividends of $23,900 were paid $17,140 106,749 15,000 185,211 642,600 5,130 85,470 7,980 13,670 51,280 244,190 Accounts payable Accounts receivable Common stock Cash Fees...
^a- 102,000
b- 30,000
c-87,000
d-57,000
^same question
Which of the following would not be reported as a liability on the balance sheet? Multiple Choice Accounts Payable Common Stock Salaries and Wages Payable Notes Payable Which of the following statements about financial statement information is correct? Multiple Choice A company with liabilities of $80,000 and stockholders' equity of $50,000 will have assets of $30,000 A company with total stockholders' equity of $120,000 and common stock of $75,000 must have total...
The classified balance sheet for a company reported current assets of $1,689,246, total liabilities of $816,540, Common Stock of $1,170,000, and Retained Earnings of $147,260. The current ratio was 2.6 What is the total amount of current liabilities? Multiple Choice 34 $649,710 $872.706 $86,540 $444,554 9 of 10 <Prev Next > FIS & 2 r3 r 4 6 7 8 A 9 C R U P A DS F HT J G K C V B M > glt cmd...
The following is summary of information presented on the financial statements of a company on December 31, 2015. Account 2015 2014 Current Assets $82,000 $70,000 Accounts Receivable 60,000 68,000 Merchandise Inventory 62,000 53,000 Current Liabilities 52,000 46,000 Long-term Liabilities 39,000 45,000 Common Stock 70,000 50,000 Retained Earnings 65,000 40,000 What would a horizontal analysis report show with respect to long-term liabilities? long-term liabilities decreased by $30,000 long-term liabilities decreased by $10,000 long-term liabilities decreased by 13.33% long-term liabilities decreased by...
Saved Help Save & Ext tosch Company's balance sheet reported assets of $127,000, liabilities of $32,000 and common stock of $29,000 as of December 31 Year 1. Retained arnings on the December 31, Year 2 balance sheet is $86,000 and Stosch paid a $31000 dividend during Year 2. What is the amount of net income for "ear 2? Multiple Choice 551000 $31000 Next > < Prev MacBook Pro
Flex Co. just paid total dividends of $550,000 and reported additions to retained earnings of $1,650,000. The company has 505,000 shares of stock outstanding and a benchmark PE of 15.2 times. What stock price would you consider appropriate? Multiple Choice Ο $59.60 Ο $62.91 Ο $66.22 Ο $49.66 Ο $16.55
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