what is the amount of equity
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A: As per the Accounting Equation, Total Assets= Total liabilities + Owner's Equity.
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A: Stockholders' equity: Stockholders' equity means the remaining net assets available to shareholders.…
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A: Solution: As per basic accounting equation: Total Assets = Liabilities + Owner's Equity Total Assets…
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A: Current ratio is one of the liquidity ratio of the business, which measures how much current assets…
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Q: A company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders'…
A: Formula: Debt ratio = ( Total Liabilities / Total Assets ) x 100
Q: Calculate its debt ratio.
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Q: A company has liabilities of $15,500 and $20,200 of owners' equity at the year end. What is the…
A: Owners' equity = Total assets - Total liabilities Total assets = Owners' equity + Total liabilities…
Q: You find the following financial information about a company: net working capital $1,071; fixed…
A: Given: Total Assets = $ 11686 Fixed Assets = $ 7297 Net working capital = $1071 Long term debt =…
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A: Current Ratio is computed as follows
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A: Formula to be used: Net fixed assets = Equity + debt - Working capital
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Q: Office store Co. has assets equal to $162,000
A: Solution: Accounting Equation says that Assets = Liabilities + Equity We can form following formula…
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A: Income statement is a statement which shows the performance of a firm during the accounting period.…
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Q: The assets and liabilities of Smith Company are as follows: Cash $28,650, Supplies, $840; Equipment,…
A: The accounting equation states that assets equals to sum of liabilities and shareholders equity.
Q: At the end of an accounting period, a company's liabilities equaled $295,000, and owner's equity…
A: Introduction: The connection between a company's assets, liabilities, and capital is referred to as…
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A: Balance sheet: Assets, liabilities and shareholder’s equity are recorded in balance sheet. Total…
The assets of a company total $726,000 the liabilities $213,000 what is the amount of equity
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- The balance sheet for Campbell Corporation follows: Current assets $233,000 763,000 $996, 000 $141,000 456,000 597,000 399,000 $996,000 Long-term assets (net) Total assets Current liabilities Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equityYou find the following financial information about a company: net working capital = $7, 809; total assets $11,942; and long-term debt Multiple Choice $9, 115 $4, 507 $10, 339 $6, 129 $4, 133 = = = $1, 287; fixed assets $4,589. What is the company's total equity?A company has $1,343 in inventory, $4,782 in net fixed assets, $634 in accounts receivable, $278 in cash, $586 in accounts payable, $978 in long-term debt, and $5,377 in equity. What are the company's total assets? Multiple Choice $12,414 $7,037 $7,623 $10,159 $8,026
- Assuming a business entity has a total asset of 25,000,000 its total liabilities is 1/3 of the said amount. How much is the equity? 16,000,000,00 16,666,666.67 13,333,333.33 13,000,000.00The balance sheet for Fanning Corporation follows: Current assets $232,000 763,000 Long-term assets (net) Total assets $995,000 Current liabilities $153,000 460,000 613,000 382,000 Long-term liabilities Total liabilities Common stock and retained earnings Total liabilities and stockholders' equity $995,000 Required Compute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio % Debt to assets ratio Debt to equity ratioAssume a company provided the following balance sheet: Current assets: Current liabilities: $ 60,000 Accounts payable Accrued liabilities $ 90,000 Cash Accounts receivable 50,000 40,000 Inventory 150,000 Total current liabilities 130,000 Total current assets 260,000 Bonds payable 110,000 Property, plant & equipment, net 380,000 Total liabilities 240,000 Stockholders' equity: Common stock 170,000 Retained earnings 230,000 Total stockholders' equity 400,000 Total assets $640,000 Total liabilities and stockholders' equity $640,000 The debt-to-equity ratio is closest to:
- Total assets $1,600,000 Average assets 2,000,000 Net income 380,000 Net sales 1,500,000 Average common stockholders' equity 1,000,000 Determine Return on AssetsCurrent assets$860,000 Noncurrent assets 470,000 Noncurrent liabilities 370,000 Stockholders' equity 410,000 Determine the amount of working capital reported in the balance sheet.A company reports the following: Total Assets $390,000 Total Liabilities 140,000 Total Stockholders' Equity 250,000 Calculate the debt ratio. (Round your answer to two decimal places.) O A. 44% O B. 78.57% O C. 35.9% O D. 64.1%
- Ernst Companys balance sheet shows total liabilities of 32,500,000, total stockholders equity of 8,125,000, and total assets of 40,625,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.Klynveld Companys balance sheet shows total liabilities of 94,000,000, total stockholders equity of 75,000,000, and total assets of 169,000,000. Required: Note: Round answers to two decimal places. 1. Calculate the debt ratio. 2. Calculate the debt-to-equity ratio.Mayfield Corporation has provided the following financial data: Balance Sheet Assets Current assets: Cash $ 228,000 Accounts receivable, net 241,000 Inventory 204,000 Prepaid expenses 11,000 Total current assets 684,000 Plant and equipment, net 670,000 Total assets $ 1,354,000 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 162,000 Accrued liabilities 53,000 Notes payable, short term 46,000 Total current liabilities 261,000 Bonds payable 102,000 Total liabilities 363,000 Stockholders' equity: Common stock, $4 par value 362,000 Additional paid-in capital 81,000 Retained earnings 548,000 Total stockholders' equity 991,000 Total liabilities & stockholders' equity $ 1,354,000 The company’s acid-test (quick) ratio is closest to: