Homework Answers
The answer is Option B i.e. an increase of $33,800 (112000+56200-26000-86000-22400) in liabilities for the year.
Add Answer to:
A company began the year with assets of $112,000, liabilities of $26,000, and stockholders' equity of...
A company began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of...
A company began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500. During the year assets increased $56,100 and stockholders' equity increased $22,200. What was the change in liabilities for the year? Multiple Choice Ο Decrease of $78,300 Ο Decrease of $33,900 Ο Increase of $78,300 Ο Increase of $33,900
Audient began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500....
Audient began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500. During the year assets increased $56,100 and stockholders' equity increased $22,200. What was the change in liabilities for the year? Multiple Choice Decrease of $33,900 O Increase of $33,900 O Decrease of $78,300 Increase of $78,300
Beyerdynamic began the year with assets of $107,000 and liabilities of $78,500. During the year assets...
Beyerdynamic began the year with assets of $107,000 and liabilities of $78,500. During the year assets increased by $13,400 and liabilities decreased by $9,700. What is the amount of the change in Beyerdynamic's stockholders' equity during the year? Multiple Choice O $23,100 increase $3,700 decrease $3.700 Increase O O $23,100 decrease The Sarbanes-Oxley Act (SOX) requires company executives to sign a report certifying that the financial statements are free of error. True or False True False
^ last answer is 16,800(its cut off) A company began the year with assets of $107.000,...
^ last answer is 16,800(its cut off)
A company began the year with assets of $107.000, liabilities of $23,500, and stockholders' equity of $83,500. During the year assets increased $55,700 and stockholders' equity increased $21,400. What was the change in liabilities for the year? Multiple Choice o increase of $77300 Decrease of $77100 O Increase of $34.300 O Decrease of $34,300 < Prev 5 of 32 Next > Which of the following would appear in the cash flows from operating...
Assets totaled $26,150 and liabilities totaled $8,690 at the beginning of the year. During the year,...
Assets totaled $26,150 and liabilities totaled $8,690 at the beginning of the year. During the year, assets decreased by $3,690 and liabilities increased by $2,990. What is the amount of the change in stockholders' equity during the year? Multiple Choice Ο $6,130 increase Ο $700 decrease Ο $6,680 decrease Ο $930 increase
Brief Exercise 1-3 At the beginning of the year, Concord Company had total assets of $945,000...
Brief Exercise 1-3 At the beginning of the year, Concord Company had total assets of $945,000 and total liabilities of $492,000. Answer the following questions. (a) If total assets increased $148,000 during the year and total liabilities decreased $81,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $112,000 and stockholders' equity decreased $86,000. What is the amount of total assets at the end of the year?...
Assets totaled $24,550 and liabilities totaled $8,530 at the beginning of the year. During the year,...
Assets totaled $24,550 and liabilities totaled $8,530 at the beginning of the year. During the year, assets decreased by $3,530 and liabilities increased by $2,830. What is the amount of the change in stockholders' equity during the year? $700 decrease $6,360 decrease $610 increase $5,810 increase
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of...
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of time, then total assets must change by what amount and direction during that same period? $240000 increase O $142000 increase O $191000 increase $142000 decrease
If liabilities are $53,000 and assets are $173,500, then equity equals: Multiple Choice $120,500 $173,500 $226,500...
If liabilities are $53,000 and assets are $173,500, then equity equals: Multiple Choice $120,500 $173,500 $226,500 $53,000 If the liabilities of a business increased $83,000 during a period of time and the equity in the business decreased $34,000 during the same period, the assets of the business must have: Multiple Choice Decreased $117,000 Decreased $49,000 Increased $49,000 Beta Corporation purchased $160,000 worth of land by paying 16,000 cash and signing a $144,000 mortgage. Immediately prior to this transaction the corporation...
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year....
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began the year with total assets of $285,000 and stockholder's equity of $130,500. Suppose that liabilities increased by $90,000 and stockholders' equity increased by $37,500. What would be the change in Crystal Lodging's assets? Multiple Choice $168,000 Increase $127,500 increase $154,500 increase
A company began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500. During the year assets increased $56,100 and stockholders' equity increased $22,200. What was the change in liabilities for the year? Multiple Choice Ο Decrease of $78,300 Ο Decrease of $33,900 Ο Increase of $78,300 Ο Increase of $33,900
Audient began the year with assets of $111,000, liabilities of $25,500, and stockholders' equity of $85,500. During the year assets increased $56,100 and stockholders' equity increased $22,200. What was the change in liabilities for the year? Multiple Choice Decrease of $33,900 O Increase of $33,900 O Decrease of $78,300 Increase of $78,300
Beyerdynamic began the year with assets of $107,000 and liabilities of $78,500. During the year assets increased by $13,400 and liabilities decreased by $9,700. What is the amount of the change in Beyerdynamic's stockholders' equity during the year? Multiple Choice O $23,100 increase $3,700 decrease $3.700 Increase O O $23,100 decrease The Sarbanes-Oxley Act (SOX) requires company executives to sign a report certifying that the financial statements are free of error. True or False True False
^ last answer is 16,800(its cut off)
A company began the year with assets of $107.000, liabilities of $23,500, and stockholders' equity of $83,500. During the year assets increased $55,700 and stockholders' equity increased $21,400. What was the change in liabilities for the year? Multiple Choice o increase of $77300 Decrease of $77100 O Increase of $34.300 O Decrease of $34,300 < Prev 5 of 32 Next > Which of the following would appear in the cash flows from operating...
Assets totaled $26,150 and liabilities totaled $8,690 at the beginning of the year. During the year, assets decreased by $3,690 and liabilities increased by $2,990. What is the amount of the change in stockholders' equity during the year? Multiple Choice Ο $6,130 increase Ο $700 decrease Ο $6,680 decrease Ο $930 increase
Brief Exercise 1-3 At the beginning of the year, Concord Company had total assets of $945,000 and total liabilities of $492,000. Answer the following questions. (a) If total assets increased $148,000 during the year and total liabilities decreased $81,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $112,000 and stockholders' equity decreased $86,000. What is the amount of total assets at the end of the year?...
If total liabilities increased by $93000 and stockholders' equity increased by $49000 during a period of time, then total assets must change by what amount and direction during that same period? $240000 increase O $142000 increase O $191000 increase $142000 decrease
If liabilities are $53,000 and assets are $173,500, then equity equals: Multiple Choice $120,500 $173,500 $226,500 $53,000 If the liabilities of a business increased $83,000 during a period of time and the equity in the business decreased $34,000 during the same period, the assets of the business must have: Multiple Choice Decreased $117,000 Decreased $49,000 Increased $49,000 Beta Corporation purchased $160,000 worth of land by paying 16,000 cash and signing a $144,000 mortgage. Immediately prior to this transaction the corporation...
Crystal Lodging recorded $330,000 in revenues, $247,500 in expenses, and $45,000 of dividends for the year. The company began the year with total assets of $285,000 and stockholder's equity of $130,500. Suppose that liabilities increased by $90,000 and stockholders' equity increased by $37,500. What would be the change in Crystal Lodging's assets? Multiple Choice $168,000 Increase $127,500 increase $154,500 increase
Most questions answered within 3 hours.
-
Which amino acid has a basic R group?
A) tyrosine
B) Isoleucine
C) Glutamic Acid
D)...
asked 9 minutes ago -
Is there the need for the government to have hackers. Please
share your thoughts.
asked 13 minutes ago -
Explain why you should not lose any LDH activity when you
centrifuge a crude sample at...
asked 21 minutes ago -
An AA battery (object), standing on end, is placed to the left
of a diverging lens...
asked 22 minutes ago -
After you measure the self-inductance of a coil, you unwind it
and then rewind one third...
asked 23 minutes ago -
1. Which of the following best describes a transistor?
A) a small electrical circuit made from...
asked 24 minutes ago -
Use generating function to find the number of distributions of
20 people into four different rooms...
asked 39 minutes ago -
The following data set consists the number of minutes a sample
of 25 people run every...
asked 43 minutes ago -
Suppose vacuum cleaners are part of the market basket used to
compute the CPI. Suppose also...
asked 55 minutes ago -
What intermediate results after the addition of H3O+ to
E-3-methyl-2-pentane?
pentene*
asked 1 hour ago -
Potassium hydrogen phthalate is a solid, monoprotic acid
frequently used in the laboratory to standardize strong...
asked 1 hour ago -
1-Describe the 3 major classes of ownerships of retailers
2-What are the differences between consumer and...
asked 1 hour ago