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The sum of the assets of an entity is always equal to the sum of its...
The sum of the internal forces on a system always equal to what? Click the answer you think is right. The sum of the external forces Zero The net force on the system Do you know the answer? Read about this
On the balance sheet, total assets must always equal total liabilities. The amount remaining is what is used to finance the firm and includes equity and long-term debt.
Retained earnings can always be described as: a.) The difference between assets and liabilities b.) Equal to the company's cash account c.) The amount of cash retained in the business d.) One source of financing a company's assets e.) more than one of the above.
2. Total assets of Charter Company equal $750,000 and its equity is $445,000. What is the amount of its liabilities? b. Total assets of Martin Marine equal $550,000 and its liabilities and equity amounts are equal to each other. What is the amount of its liabilities? What is the amount of its equity? Liabilities Equity 445,000 a Assets 750.000 - 550,000 5 5 $ b
Under the DuPont system, the return on assets is equal to Select one: a. the product of the gross profit margin and inventory turnover b. the sum of the debt-equity ratio and the return on sales c. the product of the return on sales and total asset turnover d. the product of the return on sales, total asset turnover, and equity multiplier e. none of the above
Where the acquirer purchases the assets and assumes the liabilities of another entity, it does not need to consider the measurement of: Select one: a. goodwill or a gain from bargain purchase. b. the equity of the acquiree. c. the liabilities assumed. d. the identifiable assets.
9) which financial statement reports the amounts of the accounting equation which is assets equal liabilities plus equity?
1. Return on Assets measures a firm's: a. profitable use of its assets b. use of financial leverage c. return on shareholders investment d. profitability of sales e. cost effectiveness of its operating activities 2. The Current ratio of a firm is 1.3, If the firm uses cash to pay short-term notes-payable, would the transaction increase or decrease the current ratio and Return on Asset ratio? 3. Which of the following could cause return on equity to increase, all...
An intangible asset is similar to any economic resource in that its value is equal to the sum of the present values of the projected cash flows related to use of the asset in operations. Plant assets are not revalued under U.S. GAAP, but revaluation is an option under IFRS. In your post, discuss the following: What are some of the benefits of revaluation from the standpoint of a financial statement user? What happens on the balance sheet when plant...
Which one of the following statements concerning the balance sheet is correct? A. Total assets equal total liabilities minust total equity. B. Net working capital is equal to total assets minus current liabilities C. Net fixed assets are equal to the initial cost of all the firms long term assets. D. Current assets are equal to total assets minus net working capital. E. Shareholders equity is equal to total assets minus total liabilities.