Business

Business, 15.10.2019 01:30, vaelriacb5317

If total liabilities are $1 000 and total assets are $8 000 owners equity must be

answer

Answers: 1

Show answers

Similar questions

Предмет

Business, 17.09.2019 23:20, chloeann4688

Prepare the 2015 common–base year balance sheet for just dew it. (do not round intermediate calculations. round your answers to 4 decimal places, e.g., 32.1616.) 2014 2015 assets current assets cash $ 4,000 $ 11,280 accounts receivable 14,880 20,400 inventory 61,920 90,480 total $ 80,800 $ 122,160 fixed assets net plant and equipment $ 239,200 $ 357,840 total assets $ 320,000 $ 480,000 liabilities and owners’ equity current liabilities accounts payable $ 39,040 $ 48,720 notes payable 12,960 17,280 total $ 52,000 $ 66,000 long-term debt $ 48,000 $ 36,000 owners' equity common stock and paid-in surplus $ 60,000 $ 60,000 accumulated retained earnings 160,000 318,000 total $ 220,000 $ 378,000 total liabilities and owners' equity $ 320,000 $ 480,000

Answers: 2

Предмет

Business, 25.09.2019 05:30, Meloriew7272

16. the right-hand side of the balance sheet should include entries for a. only the liabilities. b. both the liabilities and the owner’s equity. c. both the assets and liabilities.d. only the owner’s equity. 17. which of the following shows how the descriptive entry under owner’s equity should appear? a. tom cotton, owner b. blue top taxi company c. tom cotton, capital d. ace auto company 18. a single ruled line should be drawn on the column line above the amount for all of the following except which one? a. total assets b. total liabilities c. total liabilities and owner’s equity d. owner’s equity 19. a double-ruled line should be drawn under the amount for a. only total assets. b. both total assets and total liabilities and owner’s equity. c. both total assets and total liabilities. d. only total liabilities and owner’s equity

Answers: 1

Предмет

Business, 03.12.2019 18:31, arichar

Assets current assets: cash $ 930,000 $ 1,170,000 marketable securities 0 300,000 accounts receivable, net 2,580,000 1,680,000 inventory 3,570,000 2,200,000 prepaid expenses 250,000 190,000 total current assets 7,330,000 5,540,000 plant and equipment, net 9,460,000 9,020,000 total assets $ 16,790,000 $ 14,560,000 liabilities and stockholders' equity liabilities: current liabilities $ 3,980,000 $ 2,920,000 note payable, 10% 3,640,000 3,040,000 total liabilities 7,620,000 5,960,000 stockholders' equity: common stock, $70 par value 7,000,000 7,000,000 retained earnings 2,170,000 1,600,000 total stockholders' equity 9,170,000 8,600,000 total liabilities and stockholders' equity $ 16,790,000 $ 14,560,000

Answers: 3

Предмет

Business, 03.12.2019 22:31, liltonio

surround, inc. provides the following data: surround, inc. comparative balance sheet dec. 31, 2019 assets current assets: cash and cash equivalents $29,000 account receivable, net 31,000 merchandise inventory 53,000 total current assets $113,000 property, plant, and equipment, net 120,000 total assets $233,000 liabilities current liabilities: accounts payable $4,300 notes payable 2,900 total current liabilities $7,200 long-term liabilities 90,000 total liabilities $97,200 stockholders' equity common stock $31,000 retained earnings 104,800 total stockholders' equity $135,800 total liabilities and stockholders' equity $233,000 calculate the debt to equity ratio.

Answers: 2

Do you know the correct answer?

If total liabilities are $1 000 and total assets are $8 000 owners equity must be...

Questions in other subjects:

Konu

English, 08.10.2019 18:30

Changing the line "leave you not the little spot" to "o the bleeding drops of red" did which of the following for the poem? select all that apply. made the line less exalted made...

Konu

Mathematics, 08.10.2019 18:30

Square root is between 4 and 5?...

Konu

Health, 08.10.2019 18:30

True or false: abstinence is the only guaranteed way to avoid contraction an std/sti...

Konu

Mathematics, 08.10.2019 18:30

Chris has a cell phone plan with a flat fee of $26.00 per month, plus a cost of $0.12 per minute of usage. chris can only afford a monthly bill of $86.00. which statement is true?...

Konu

English, 08.10.2019 18:30

“8x8 rolled on to the floor. pick it up and it’s 64” is an example of the . a. rhyming c. journaling b. keywording d. poetry...

Konu

Business, 08.10.2019 18:30

How are present values affected by changes in interest rates? a. the lower the interest rate, the larger the present value will be. b. the higher the interest rate, the larger the...

Konu

Biology, 08.10.2019 18:30

The swedish botanist who made the greatest contributions to taxonomy was...

Konu

English, 08.10.2019 18:30

Choose the sentence that correctly uses a semicolon. a "all those called will not go to work this morning they; will stay in camp." b "all those called; will not go to work this...

Konu

Mathematics, 08.10.2019 18:30

With that picture it asks: who got it right, is each simplified expression equivalent to the original expression and explain how you know. it also asks how would you explain the c...

Konu

Business, 08.10.2019 18:30

The following information relates to next year's projected operating results of the children's division of grunge clothing corporation: contribution margin $ 200,000 ...

Other tasks in the category: Business More task