A company's total liabilities are $247,000, and its equity is $987,000. What are the total assets?
Q: Need help this question
A: Step 1: Define Cost-Volume-Profit AnalysisIn the context of finance, the cost-volume-profit (CVP)…
Q: What is the gross profit for 2012 ????
A: Step 1: Define Gross ProfitIf you sell a product then the total cash received will be called sales…
Q: What does it cost per year to carry this inventory? (financial accounting)
A: Explanation of Average Annual Inventory: This represents the typical value of inventory a company…
Q: None
A: Step 1: Define Absorption CostingThe cost of goods can be calculated with the help of two costing…
Q: Can you please answer the accounting question?
A: Calculation of Total AssetsTotal Assets = Current Asset + Fixed Assets =…
Q: Compute the cost assigned to the ending work-in-process inventory.
A: To compute the cost assigned to the ending work-in-process (WIP) inventory, we use the…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Net Cash Inflow from Operating ActivitiesNet Cash Inflow from Operating…
Q: Paceheco Corporation uses the weighted average method in its process costing system. The Molding…
A: To determine the cost per equivalent unit for conversion costs in January using the weighted-average…
Q: Hello tutor please provide correct answer general Accounting
A: Step 1: Define Predetermined Overhead RateA company's predetermined overhead rate is used to…
Q: Accounting 14
A: Explanation: In the given case, we are provided with the activity rates of processing job for…
Q: Please solve this question general accounting
A: Step 1: Define CVP AnalysisCost volume profit analysis is done to establish a relationship between…
Q: A manufacturing company produces 1,000 units at a total cost of $20,000, where $5,000 is fixed…
A: Concept of Fixed Costs:Fixed costs are expenses that do not change with the level of production or…
Q: The owners' equity of Clean Air, Inc. is dollar 400,000 on December 31, 2007, and is equal to…
A: To calculate the total assets of Clean Air, Inc., we use the accounting equation:…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Operating LeverageOperating leverage measures the sensitivity of a company's…
Q: True Account solutions please.
A: To compute the total equivalent units of production (EUP) for conversion costs in the Refining…
Q: I want to correct answer general accounting question
A: Step 1: Introduction to stockholders' equityStockholders' equity refers to the residual value of the…
Q: Please given correct option general accounting
A: Interest on note = 8,000 *( 6%/12 ) * 6 = 240 Total Cash to be repaid =…
Q: Annenbaum Corporation uses the weighted average method in its process costing system. This month,…
A: To calculate the equivalent units for conversion costs, we use the weighted-average method in…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Total AssetsTotal assets represent the total value of everything a company…
Q: Solve this question general Accounting
A: Step 1: Define Collection PeriodThe collection period refers to a company's time to convert its…
Q: What is the payback period?
A: To determine the payback period, we calculate the cumulative cash flows year by year until they…
Q: General accounting
A: Step 1: Given Face amount = 100,000 Annual interest rate = 6%Semi-annual interest rate = 6%/2 = 3%…
Q: Compute the net income
A: Explanation of Sales Revenue:Sales revenue refers to the total amount earned by a company from…
Q: I want to correct answer accounting questions
A: Step 1: Definition of Overapplied or Underapplied Manufacturing OverheadOverapplied or underapplied…
Q: Hi experts answer the accounting question
A: Step 1: Definition Issued Shares: The total number of shares a company has distributed to…
Q: What is the company's gross profit on these general accounting question?
A: Step 1: Formula Gross profit = Net sales - Cost of goods soldGross profit = (Sales revenue - Sales…
Q: Give me correct answer this general accounting question
A: Step 1: Define Stockholders' EquityStockholders' equity represents the residual interest in a…
Q: At the beginning of the year, Morales Company had total assets of $865,000 and total liabilities of…
A: Given:Beginning of year:Total Assets: $865,000Total Liabilities: $528,000Stockholders' Equity…
Q: General Accounting Question please answer
A: Step 1: Define EOQ (Economic Order Quantity)The Economic Order Quantity (EOQ) is the order quantity…
Q: A company buys equipment for $54,000 with a salvage value of $5,000 and an expected useful life of…
A: Concept of Cost of Equipment:The cost of equipment refers to the total amount spent by a company to…
Q: R-Mart has a beginning receivables balance on February 1 of $1050. Sales for February through May…
A: Explanation of Accounts Receivable:Accounts receivable represent the amount owed to a company by its…
Q: Subject: Financial Accounting
A: Concept of Net Sales:Net sales refer to the total revenue a company generates from selling its goods…
Q: Not use ai solution given correct answer
A: Step 1: Define Direct Materials BudgetThe direct materials budget is used to determine the quantity…
Q: Need help with this accounting questions
A: Step 1: Definition of Cash Received from RevenueCash received from revenue refers to the actual cash…
Q: Answer? ? General Accounting question
A: Step 1: Define Importance of margins in futures tradingFutures contracts are traded in exchanges,…
Q: A company carries an average annual inventory of $4.3 million if it estimates the cost of capital is…
A: Explanation of Inventory Carrying Cost:Inventory carrying cost represents the total expenses…
Q: Calculate the answer to the Problem of accounting
A: Explanation of Gross Profit:Gross profit is the amount of money a company earns after deducting the…
Q: Keshena accounting questions
A: Step 1: Define Promissory NotePromissory notes are written documents that contain a promise made by…
Q: Hii expert please given correct answer general Accounting
A: Step 1: Define Gross ProfitGross profit is a financial matrix that refers to the total amount of…
Q: Financial Accounting Question please answer
A: Step 1: Define InvestmentEvery business organization operates to earn profit by generating revenue…
Q: Quick answer of this accounting questions
A: Explanation for a: In the given case, we are required to calculate the no. of shares the bond can be…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Allocation of Purchase PriceWhen a group of assets is purchased for a lump…
Q: Constant debt equity ratio?
A: Step 1: Current Debt-Equity Ratio: 1.Current Market Value of Equity:Equity=Shares Outstanding× Share…
Q: Please give me answer this financial accounting question
A: Step 1: Define Debt-Equity RatioThe ratio of the total debt relative to the total equity is called…
Q: What is the amount of gain
A: Step 1: Definition of Gain on SaleThe gain on sale of property is calculated as the difference…
Q: I want to this question answer general Accounting not use ai
A: Step 1: Define Absorption CostingAbsorption costing is used to calculate the value of inventory. In…
Q: Please see attachment for details
A: Explanation of Operating Activities: Cash from operating activities represents money generated from…
Q: Financial accounting question
A: Step 1: Define Payroll TaxPayroll tax, as used in accounting, is the sum of tax deducted from an…
Q: Please solve this question general accounting
A: For your convenience, I will solve a few more 5).Conversion cost = Direct Labor + overhead…
Q: Units the price is ????? General accounting
A: Step 1: Derived formula Breakeven point = Fixed cost/(Selling price per unit - Variable cost per…
Please solve the problem
Step by step
Solved in 2 steps
- A company has current liabilities of $500 Million, and its current ratio is 2.0. What is the total of its current assets?Question: A companys total liabilities are $247,000, and its equity is $987,000. What are the total assets?A company’s total liabilities are $247,000, and its equity is $987,000. What are the total assets?
- Please given answerThe Lawrence Company has a ratio of long term debt to long term debt plus equity of .39 and a current ratio of 1.7. Current liabilities are 950, sales are 6370, profit margin is 9.8 percent, and ROE is 20 percent. What is the amount of the firms net fixed assets?You 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 firm has $820 in inventory, $3,200 in fixed assets, $670 in accounts receivable, $390 in accounts payable, $500 in long-term debt, and $360 in cash. What is the amount of the net working capital?the total liabilities of brown enterprises are 987,560 representing one-fourth of the total equity. how much is the amount of its total assets?A company's balance sheet has the following account values: current assets $625; current liabilities $550; fixed assets $1,580; and long-term debt $700. What is the value of equity? 330 1655 1505 955 625
- If a company has $17,000 in liabilities and $2,500 in equity, then what is the amount of its assets?The lawrence company has a ratio of long term debt to long term debt plus equity of .25 and a current ratio of 1.5. current liabilities are 900, sales are 6230 , profit margin is 8.1 percent what is the amount of the firms net fixt assets ?Suppose a company has debt of $71 million and a debt to total assets ratio of 0.1. This means that the company's debt-equity ratio is _____
