Homework Answers
| a | ||
| Olga company's total assets | 265900 | |
| b | ||
| Company's total liabilities | 26740 | |
| c | ||
| Dierdorf Co's stockholders' Equity | 200000 | |
| Workings: | ||
| a | ||
| Common stock | 142300 | |
| Add: Net income | 113460 | =442400-328940 |
| Less: Dividends | -88380 | |
| Stockholders' equity | 167380 | |
| Liabilities | 98520 | |
| Add: Stockholders' equity | 167380 | |
| Olga company's total assets | 265900 | |
| b | ||
| Common stock | 20950 | |
| Add: Net income | 18580 | =46160-27580 |
| Less: Dividends | -5670 | |
| Stockholders' equity | 33860 | |
| Total assets | 60600 | |
| Less: Stockholders' equity | 33860 | |
| Company's total liabilities | 26740 | |
| c | ||
| Total assets | 600000 | |
| Less: Liabilities | 400000 | =600000*2/3 |
| Dierdorf CO's stockholders' Equity | 200000 |
Add Answer to:
Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The...
Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The...
Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $82,520. Common stock account is $141,500; dividends are $93,680; revenues, $456,960; and expenses, $333,840. What is the amount of Olga Company's total assets? Olga Company's total assets + (b) The total assets of Lafayette Company are $64,140. Common stock account is $17,330; dividends are $7,620; revenues, $45,300; and expenses, $36,910. What is the amount of the company's total liabilities?...
BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of...
BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $90,000. Common stock account is $150,000; divi- dends are $40,000; revenues, $450,000; and expenses, $320,000. What is the amount of Olga Company's total assets? (b) The total assets of Lafayette Company are $57,000. Common stock account is $23,000; dividends are $7,000; revenues, $50,000; and expenses, $35,000. What is the amount of the company's total liabilities? (c) The total assets of Dierdorf...
At the beginning of the year, Canon Company had total assets of $870,000 and total liabilities...
At the beginning of the year, Canon Company had total assets of $870,000 and total liabilities of $500,000. Answer the following questions. (a) If total assets increased $150,000 during the year and total liabilities decreased $80,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $100,000 and stockholders' equity decreased $66,000. What is the amount of total assets at the end of the year? Total assets (C)...
Brief Exercise 1-2 Given the accounting equation, answer each of the following questions. (a) The liabilities...
Brief Exercise 1-2 Given the accounting equation, answer each of the following questions. (a) The liabilities of Whispering Winds Company are $123,000 and its stockholders' equity is $240,500. What is the amount of Whispering Winds Company's total assets? Whispering Winds Company's total assets $ (b) The total assets of Whispering Winds Company are $196,500 and its stockholders' equity is $90,500. What is the amount of its total liabilities? Whispering Winds Company's total liabilities $ (c) The total assets of Whispering...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Lantz Company are $93,700 and the stockholders' equity is $240,000. What is the amount of Lantz Company's total assets? Total assets (b) The total assets of Salley Company are $193,000 and its stockholders' equity is $84,000. What is the amount of its total liabilities? Total liabilities (e) The total assets of Brandon Co. are $890,000 and its abilities are equal to one-fourth of its...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Jantz Company are $95,860 and the stockholders' equity is $269,500. What is the amount of Jantz Company's total assets? Total assets (b) The total assets of Foley Company are $189,900 and its stockholders' equity is $85,300. What is the amount of its total liabilities? otel labilities (c) The total assets of Sundberg Co. are $947,700 and its liabilities are equal to one-fourth of its...
Use the accounting equation to answer each of the following questions. (a) The liabilities of Blossom...
Use the accounting equation to answer each of the following questions. (a) The liabilities of Blossom Company are t90,000. Share capital-ordinary is t156,000; dividends are t84,000; revenues, t446,000; and expenses, t320,000. What is the amount of Blossom's total assets? Alli Company's total assets t (b) The total assets of Kalim Company are t57,000. Share capital-ordinary is t15,000; dividends are t7,000; revenues, t45,000; and expenses, t29,000. What is the amount of the company's total liabilities? Company's total liabilities t
Brief Exercise 1-01 Presented below is the basic accounting equation. Determine the missing amounts. = Assets...
Brief Exercise 1-01 Presented below is the basic accounting equation. Determine the missing amounts. = Assets $78,000 + Stockholders' Equity Liabilities $50,000 (a) (b) s. $45,000 $70,000 $94,000 $60,000 Click if you would like to Show Work for this question: Modify Show Work LINK TO TEXT Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $120,000 and its stockholders' equity is $232,000. What is the amount of Holland Company's total assets? Total...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $122,500 and its stockholders' equity is $241,000. What is the amount of Holland Company's total assets? Holland Company's total assets (b) The total assets of Holland Company are $187,000 and its stockholders' equity is $93,000. What is the amount of its total liabilities? Holland Company's total liabilities (c) The total assets of Holland Company are $612,000 and its liabilities are equal to one-half...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Ayayai Company...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Ayayai Company are $117.000 and its stockholders' equity is $224,500. What is the amount of Ayayai Company's total assets? Ayayai Company's total assets $ (b) The total assets of Ayayai Company are $180,000 and its stockholders' equity is $84,500. What is the amount of its total liabilities? Ayayai Company's total liabilities $ (c) The total assets of Ayayai Company are $544,000 and its liabilities are equal...
Brief Exercise 1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $82,520. Common stock account is $141,500; dividends are $93,680; revenues, $456,960; and expenses, $333,840. What is the amount of Olga Company's total assets? Olga Company's total assets + (b) The total assets of Lafayette Company are $64,140. Common stock account is $17,330; dividends are $7,620; revenues, $45,300; and expenses, $36,910. What is the amount of the company's total liabilities?...
BE1-4 Use the accounting equation to answer each of the following questions. (a) The liabilities of Olga Company are $90,000. Common stock account is $150,000; divi- dends are $40,000; revenues, $450,000; and expenses, $320,000. What is the amount of Olga Company's total assets? (b) The total assets of Lafayette Company are $57,000. Common stock account is $23,000; dividends are $7,000; revenues, $50,000; and expenses, $35,000. What is the amount of the company's total liabilities? (c) The total assets of Dierdorf...
At the beginning of the year, Canon Company had total assets of $870,000 and total liabilities of $500,000. Answer the following questions. (a) If total assets increased $150,000 during the year and total liabilities decreased $80,000, what is the amount of stockholders' equity at the end of the year? Stockholders' equity (b) During the year, total liabilities increased $100,000 and stockholders' equity decreased $66,000. What is the amount of total assets at the end of the year? Total assets (C)...
Brief Exercise 1-2 Given the accounting equation, answer each of the following questions. (a) The liabilities of Whispering Winds Company are $123,000 and its stockholders' equity is $240,500. What is the amount of Whispering Winds Company's total assets? Whispering Winds Company's total assets $ (b) The total assets of Whispering Winds Company are $196,500 and its stockholders' equity is $90,500. What is the amount of its total liabilities? Whispering Winds Company's total liabilities $ (c) The total assets of Whispering...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Lantz Company are $93,700 and the stockholders' equity is $240,000. What is the amount of Lantz Company's total assets? Total assets (b) The total assets of Salley Company are $193,000 and its stockholders' equity is $84,000. What is the amount of its total liabilities? Total liabilities (e) The total assets of Brandon Co. are $890,000 and its abilities are equal to one-fourth of its...
Brief Exercise 1-8 Use the basic accounting equation to answer these questions. (a) The liabilities of Jantz Company are $95,860 and the stockholders' equity is $269,500. What is the amount of Jantz Company's total assets? Total assets (b) The total assets of Foley Company are $189,900 and its stockholders' equity is $85,300. What is the amount of its total liabilities? otel labilities (c) The total assets of Sundberg Co. are $947,700 and its liabilities are equal to one-fourth of its...
Use the accounting equation to answer each of the following questions. (a) The liabilities of Blossom Company are t90,000. Share capital-ordinary is t156,000; dividends are t84,000; revenues, t446,000; and expenses, t320,000. What is the amount of Blossom's total assets? Alli Company's total assets t (b) The total assets of Kalim Company are t57,000. Share capital-ordinary is t15,000; dividends are t7,000; revenues, t45,000; and expenses, t29,000. What is the amount of the company's total liabilities? Company's total liabilities t
Brief Exercise 1-01 Presented below is the basic accounting equation. Determine the missing amounts. = Assets $78,000 + Stockholders' Equity Liabilities $50,000 (a) (b) s. $45,000 $70,000 $94,000 $60,000 Click if you would like to Show Work for this question: Modify Show Work LINK TO TEXT Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $120,000 and its stockholders' equity is $232,000. What is the amount of Holland Company's total assets? Total...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Holland Company are $122,500 and its stockholders' equity is $241,000. What is the amount of Holland Company's total assets? Holland Company's total assets (b) The total assets of Holland Company are $187,000 and its stockholders' equity is $93,000. What is the amount of its total liabilities? Holland Company's total liabilities (c) The total assets of Holland Company are $612,000 and its liabilities are equal to one-half...
Given the accounting equation, answer each of the following questions. (a) The liabilities of Ayayai Company are $117.000 and its stockholders' equity is $224,500. What is the amount of Ayayai Company's total assets? Ayayai Company's total assets $ (b) The total assets of Ayayai Company are $180,000 and its stockholders' equity is $84,500. What is the amount of its total liabilities? Ayayai Company's total liabilities $ (c) The total assets of Ayayai Company are $544,000 and its liabilities are equal...
Most questions answered within 3 hours.
-
lease solve all the
questions, don't need to explanations
Q1 - All animal
species have general...
asked 3 hours ago -
Business Phasing
1.Discuss the logical progression for growing a business, which
starts from the initial idea...
asked 3 hours ago -
Modify
When executing on the command line having only
this program name, the program will accept...
asked 5 hours ago -
Kenny Electric Company's noncallable bonds were issued several
years ago and now have 20 years to...
asked 5 hours ago -
find H(e^Jtheta) at theta= 0, pi/10, pi/20, pi/2 for
the following:
a) H(e^Jtheta)= 1+e^Jtheta
b) H(e^Jtheta)=...
asked 5 hours ago -
Home Corporation will open a new store on January 1. Based on
experience from its other...
asked 6 hours ago -
In a neoclassical model, use the IS-LM to analyze the effect of
a permanent money supply...
asked 6 hours ago -
An electron passes through a point 2.67 cm from a long straight
wire as it moves...
asked 7 hours ago -
A grammar is a 4-tuple G, G = (Ν, Σ, Π, Σ, S) where, Ν is...
asked 8 hours ago -
In this part, calculate the present values. Use the Excel PV
function to compute the present...
asked 8 hours ago -
Part 1. Primitive Types, Sorting, Recursion for
Homework.java
a) Implement the static method initializeArray that receives...
asked 9 hours ago -
Using C++, build a sorter that can rank a sequence of numbers in
a descending order....
asked 9 hours ago