Homework Answers
Net income=Revenue-Expenses
Total assets=Total liabilities+Stockholders equity
| Company | Total revenue | Total expenses | Net income | Total assets | Total liabilities | Stockholders equity |
| Vanilla Co. | 60200 | (60200-20100)=$40100 | 20100 | (33200+66200)=$99400 | 33200 | 66200 |
| Chocolate Inc | (101000-29600)=$71400 | 101000 | (29600) | 130400 | (130400-38200)=$92200 | 38200 |
| Strawberry Co. | 30200 | 10100 | (30200-10100)=$20100 | 60200 | 40100 | (60200-40100)=$20100 |
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Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the...
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the...
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Company Total Revenues 61.800 Total Expenses Total Assets Net Income (Loss) 20.900 (26,400) Total Liabilities $ 34,800 Stockholders' Equity $ 67,800 39.800 Vanilla Co Chocolate, Inc Strawberry Co 109,000 10,900 133,600 61.800 31,800 40.900
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the...
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Company Total Revenues Total Expenses Total Assets $ 60,900 Vanilla Co. Chocolate, Inc. Strawberry Co. Net Income (Loss) $ 20,450 (28,200) Total Stockholders' Liabilities Equity $ 33,900S 66,900 38,900 40,450 104,500 10,450 131,800 60,900 30,900
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the...
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Use your knowledge of the financial statement equations and their interrelationships to fill in the missing...
Use your knowledge of the financial statement equations and
their interrelationships to fill in the missing amounts.
8 Each of the folowing independent companles is missing numerical data Required: yaur knowledge of the financial statement equations and their interralationships to fill in the missing amounts. Alpha Co. Bravo, Inc. Charfe Co. S 34,4006400 39,400 61,400 20,700 107,000 (27,200) 132.800 31,400 10.700 61.400 40,700
Robin Hood's statement of cash flows contained the following: • Cash flows from operating activities in...
Robin Hood's statement of cash flows contained the following: • Cash flows from operating activities in the amount of $30,800 • Cash flows from investing activities in the amount of $31,800 • Cash flows from (used by) financing activities in the amount of ($43,200) What was Robin Hood's change in cash for the period? Multiple Choice o $11,400 decrease o $11,400 increase o $19,400 decrease o $19,400 Increase Each of the following independent companies is missing numerical data. Required: Use...
Each of the following independent companies is missing numerical data. Required Use your knowledge of the...
Each of the following independent companies is missing numerical data. Required Use your knowledge of the financial statement equations and their interrelationships to fillin the missing amounts Total Expenses Total Assets Total Liabilities NetIncome Total Revenues Company Equity (Loss) s 20.850 Alpha Co 61.700 4,700S 67.700 108.500 (26.600) 133.400 39.700 Bravo, Ino Charle Co. 31.700 10,850 61.700 40,850
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Company Total Revenues 61.800 Total Expenses Total Assets Net Income (Loss) 20.900 (26,400) Total Liabilities $ 34,800 Stockholders' Equity $ 67,800 39.800 Vanilla Co Chocolate, Inc Strawberry Co 109,000 10,900 133,600 61.800 31,800 40.900
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Company Total Revenues Total Expenses Total Assets $ 60,900 Vanilla Co. Chocolate, Inc. Strawberry Co. Net Income (Loss) $ 20,450 (28,200) Total Stockholders' Liabilities Equity $ 33,900S 66,900 38,900 40,450 104,500 10,450 131,800 60,900 30,900
Each of the following independent companies is missing numerical data. Required: Use your knowledge of the financial statement equations and their interrelationships to fill in the missing amounts. Total Total Company Total Revenues S 61.400 Expenses Vanilla Co. Net Income (Loss) 20.700 (27,200) Total Assets Liabilities IS 34.400 132.800 61,400 40.700 Stockholders' Equity S 67.400 39,400 Chocolate, Inc. Strawberry Co. 107.000 10.700 31.400
Use your knowledge of the financial statement equations and
their interrelationships to fill in the missing amounts.
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