Homework Answers
Answer
- Requirement asked:
<Note> Equity = Assets – Liabilities
|
a |
Assets |
Liabilities |
Owner's Equity |
|
$22,100 |
$6,200 |
$15,900 |
|
|
b |
Assets |
Liabilities |
Owner's Equity |
|
$26,700 |
$8,700 |
$18,000 |
|
|
c |
Assets |
Liabilities |
Owner's Equity |
|
$25,200 |
$7,500 |
$17,700 |
--Working
|
a |
Assets |
Liabilities |
Owner's Equity |
|
=6600+3500+9000+3000 |
=3000+1000+2200 |
=22100-6200 |
|
|
b |
Assets |
Liabilities |
Owner's Equity |
|
=22100+4600 |
=6200+2500 |
=26700-8700 |
|
|
c |
Assets |
Liabilities |
Owner's Equity |
|
=26700-1500 |
=8700-1200 |
=25200-7500 |
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I need help finding the add:net income and the debt ratio
please help
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i only need help with e
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I need help filling out the blanks and finding out the net
income. Thank you
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How do I find net income?
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I need help in solving this problem as well as getting a better
understanding of it, thank you.
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