Homework Answers
| Total Assets | |||
| cash | $ 230 | ||
| account receivables | $ 30 | ||
| inventory | $ 90 | ||
| fixed assets | $ 220 | ||
| total assets | $ 570 | ||
| Total Liabilities | |||
| Current liabilities | 80 | ||
| Long term debt | 50 | ||
| Total Liabilities | 130 | ||
| Stockholders equity = total assets - total liabilities | |||
| =$570-130 | |||
| =$440 | |||
| Correct Option: FIRST | |||
| Please upvote. | |||
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Based on the following information, calculate stockholders' equity: cash equals $230; accounts receivable equals $30; inventory...
please help with steps rate = 35%. (195) 6. Based on the following information, calculate stockholders' equity: Cash...
please help with steps
rate = 35%. (195) 6. Based on the following information, calculate stockholders' equity: Cash = $ 5; Accounts Payable = $22; Other Current Liabilities = $65; Accounts Receivable = $20; Inventory = $50; Net Fixed Assets = $175; and Long-term Debt = $40. (all the numbers are in millions) ) : hat will generate $46 509 in two vears
Assets Current Assets Cash Accounts receivable Liabilities and Stockholders' Equity Current liabilities Accounts payable 640,000 Notes...
Assets Current Assets Cash Accounts receivable Liabilities and Stockholders' Equity Current liabilities Accounts payable 640,000 Notes payable to banks 120,000 150,000 ($ less Accrued wages allowance for doubtful accounts of $10,000) 1,170,000 80,000 1,190,000 Inventory Taxes Owed Total current liabilities Long-term debt 1,620,000 $ 020, TO Total current assets Land Plant and equipment ($2,330,000 less accumulated depreciation 1,400,000 4,610,000 Stockholders' equity Common stock ($1 par, 610,000 shares authorized, 580,000 outstanding) Retained earnings Total stockholders' equity $ Total liabilities and equity...
Question 4 Table 12-2 Broadsheet Publishing Group Balance Sheet December 31, 2X10 and 2X09 Current Assets:...
Question 4 Table 12-2 Broadsheet Publishing Group Balance Sheet December 31, 2X10 and 2X09 Current Assets: 2X10 2X09 Cash $200 $130 Accounts Receivable 220 100 Inventory 120 200 Prepaid Insurance 15 40 Total Current Assets $555 $470 Long-Term Assets: Fixed Assets $210 $230 Less Accumulated Depreciation (135) (115) Total Long-Term Assets $ 75 $115 Total Assets $630 $585 Current Liabilities: Accounts Payable $ 90 $ 75 Wages Payable 20 15 Current Portion of Long-term Notes Payable 120 30 Total Current...
What's retained earnings. total stockholders' equity, and total liabilities and stockholders' equity? Accounts receivable $3,400 Cash...
What's retained earnings.
total stockholders' equity, and total liabilities and stockholders'
equity?
Accounts receivable $3,400 Cash $6.240 Accounts payable 3,700 Supplies 3,780 Interest payable 530 Unearned service revenue 940 Salaries and wages expense 5,400 Service revenue 41,850 Notes payable 32,500 Salaries and wages payable 770 Common stock 55,000 Depreciation expense 740 Inventory 2,810 Equipment (net) 110,600 Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity.) Cullumber Company Balance Sheet December...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 Total assets 4,300 9,100 8,300 Notes payable 300 Accounts payable 500 Accruals Current portion of long- term debt Current liabilities 1,220 Long-term debt 4,300 Common stock ($.20 par) 1,200 Additional paid-in capital 680 Retained earnings Total liabilities and equity 8,300 Het income as reported on the 2012 Income statement) - 528 960 4,900 1,300 740 1,200 900 9,100 Depreciation as...
Accounts Payable $55,000 Inventory $142,000 Accounts Receivable 61,000 Land 58,000 Building and Equipment 87,000 Mortgage Payable...
Accounts Payable $55,000 Inventory $142,000 Accounts Receivable 61,000 Land 58,000 Building and Equipment 87,000 Mortgage Payable (long term) 82,000 Cash 40,000 Office Supplies 2,000 Common Stock 125,000 Retained Earnings Salaries Payable 8,000 HALFORD WHOLESALERS Balance Sheet December 31 Liabilities & Stockholders' Equity Current Liabilities: Assets Current Assets Salaries payable Total Current Liabilities Inventory Total Current Assets 0 Long Term Liabilities: Noncurrent Assets Total Long-term Liabilities: Total Liabilities Building and Equipment Total Noncurrent Assets Stockholders' Equity HALFORD WHOLESALERS Balance Sheet December...
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $129,000; Patents...
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $129,000; Patents and copyrights $630,000; Accounts payable $211,000; Accounts receivable $125,000; Tangible net fixed assets $1,625,000; Inventory $294,000; Notes payable $170,000; Accumulated retained earnings- $1,274,000; Long-term debt -$847,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ROGERS CORP Balance Sheet Assets Liabilities and Equity Cash Accounts receivable Inventory 129,000 125,000 294,000 Accounts payable Notes payable Crrent labilites Current...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200 Land 1,000 Total Assets 2,000 16,600 15,000 Notes payable 1,000 600 Accounts payable 3.000 2,000 Accruals 500 900 Long-term debt 3,600 5.400 Common Stock 2,500 2.200 Retained earnings 4,400 Total Liabilities and 5,500 Equity 15,000 16,600 Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2011 and 2012 Cash Flow from Financing Activities for 2012 assuming the following...
Prepare a 2017 balance sheet for Jarrow Corp. based on the following information: cash = $146,000;...
Prepare a 2017 balance sheet for Jarrow Corp. based on the
following information: cash = $146,000; patents and copyrights =
$630,000; accounts payable = $222,500; accounts receivable =
$165,000; tangible net fixed assets = $1,665,000; inventory =
$302,500; notes payable = $135,000; accumulated retained earnings =
$1,240,000; long-term debt = $864,000. (Do not round
intermediate calculations. Be sure to list the accounts in order of
their liquidity.)
Prepare a 2017 balance sheet for Jarrow Corp. based on the following...
Q. Rao Corporation has the following balance sheet. How much net operating working capital does the...
Q. Rao Corporation has the following balance sheet. How much net operating working capital does the firm have? Cash $ 10 Accounts payable $ 20 Short-term investments 30 Accruals 20 Accounts receivable 50 Notes payable 50 Inventory 40 Current liabilities $ 90 Current assets $130 Long-term debt 60 Net fixed assets 100 Common equity 30 Retained earnings 50 Total assets $230 Total liab. & equity $230
please help with steps
rate = 35%. (195) 6. Based on the following information, calculate stockholders' equity: Cash = $ 5; Accounts Payable = $22; Other Current Liabilities = $65; Accounts Receivable = $20; Inventory = $50; Net Fixed Assets = $175; and Long-term Debt = $40. (all the numbers are in millions) ) : hat will generate $46 509 in two vears
Assets Current Assets Cash Accounts receivable Liabilities and Stockholders' Equity Current liabilities Accounts payable 640,000 Notes payable to banks 120,000 150,000 ($ less Accrued wages allowance for doubtful accounts of $10,000) 1,170,000 80,000 1,190,000 Inventory Taxes Owed Total current liabilities Long-term debt 1,620,000 $ 020, TO Total current assets Land Plant and equipment ($2,330,000 less accumulated depreciation 1,400,000 4,610,000 Stockholders' equity Common stock ($1 par, 610,000 shares authorized, 580,000 outstanding) Retained earnings Total stockholders' equity $ Total liabilities and equity...
What's retained earnings.
total stockholders' equity, and total liabilities and stockholders'
equity?
Accounts receivable $3,400 Cash $6.240 Accounts payable 3,700 Supplies 3,780 Interest payable 530 Unearned service revenue 940 Salaries and wages expense 5,400 Service revenue 41,850 Notes payable 32,500 Salaries and wages payable 770 Common stock 55,000 Depreciation expense 740 Inventory 2,810 Equipment (net) 110,600 Using the information above, prepare a balance sheet as of December 31, 2022. (List assets in order of liquidity.) Cullumber Company Balance Sheet December...
2011 2012 Cash 300 400 Accounts receivable 1,000 1,400 Inventories 3,200 3,000 Current assets 4,500 4,800 Net fixed assets 3,800 Total assets 4,300 9,100 8,300 Notes payable 300 Accounts payable 500 Accruals Current portion of long- term debt Current liabilities 1,220 Long-term debt 4,300 Common stock ($.20 par) 1,200 Additional paid-in capital 680 Retained earnings Total liabilities and equity 8,300 Het income as reported on the 2012 Income statement) - 528 960 4,900 1,300 740 1,200 900 9,100 Depreciation as...
Accounts Payable $55,000 Inventory $142,000 Accounts Receivable 61,000 Land 58,000 Building and Equipment 87,000 Mortgage Payable (long term) 82,000 Cash 40,000 Office Supplies 2,000 Common Stock 125,000 Retained Earnings Salaries Payable 8,000 HALFORD WHOLESALERS Balance Sheet December 31 Liabilities & Stockholders' Equity Current Liabilities: Assets Current Assets Salaries payable Total Current Liabilities Inventory Total Current Assets 0 Long Term Liabilities: Noncurrent Assets Total Long-term Liabilities: Total Liabilities Building and Equipment Total Noncurrent Assets Stockholders' Equity HALFORD WHOLESALERS Balance Sheet December...
Prepare a 2018 balance sheet for Rogers Corp. based on the following information: Cash $129,000; Patents and copyrights $630,000; Accounts payable $211,000; Accounts receivable $125,000; Tangible net fixed assets $1,625,000; Inventory $294,000; Notes payable $170,000; Accumulated retained earnings- $1,274,000; Long-term debt -$847,000. (Be sure to list the accounts in order of their liquidity. Do not round intermediate calculations.) ROGERS CORP Balance Sheet Assets Liabilities and Equity Cash Accounts receivable Inventory 129,000 125,000 294,000 Accounts payable Notes payable Crrent labilites Current...
Cash 500 800 Accounts receivable 1,400 1,200 Inventory 3,900 4,400 4 Net fixed assets 8,200 8,200 Land 1,000 Total Assets 2,000 16,600 15,000 Notes payable 1,000 600 Accounts payable 3.000 2,000 Accruals 500 900 Long-term debt 3,600 5.400 Common Stock 2,500 2.200 Retained earnings 4,400 Total Liabilities and 5,500 Equity 15,000 16,600 Given the Balance Sheets for Momber's Flooring Company above for the years ending December 31, 2011 and 2012 Cash Flow from Financing Activities for 2012 assuming the following...
Prepare a 2017 balance sheet for Jarrow Corp. based on the
following information: cash = $146,000; patents and copyrights =
$630,000; accounts payable = $222,500; accounts receivable =
$165,000; tangible net fixed assets = $1,665,000; inventory =
$302,500; notes payable = $135,000; accumulated retained earnings =
$1,240,000; long-term debt = $864,000. (Do not round
intermediate calculations. Be sure to list the accounts in order of
their liquidity.)
Prepare a 2017 balance sheet for Jarrow Corp. based on the following...
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