Company Y's balance sheet reported: Total Liabilities of $76.767 million, Cash of $6.030 million, Total Assets of $124.231 million, Total Common Stock of $3.810 million. What were the Company Y's retained earnings? A. $51.274 million B. $57.304 million C. $43.654 million D. $49.684 million
Q: Compute the cost of each machine. Sub - General Accounting.
A: To compute the total cost of each machine, we sum up all the costs associated with acquiring and…
Q: ACCOUNT
A: To determine the amount Mr. Hines must include in his gross income for 2016, we must analyze the…
Q: Financial Accounting
A: For this question we must solve for the weight of each source of capital in computing for the…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Net IncomeNet income (or loss) for a period is calculated as the change in…
Q: Provide general account answer
A: Step 1: Understand the Accounting EquationThe fundamental accounting equation is:…
Q: General Accounting
A: To calculate the expected return on a stock, use the Capital Asset Pricing Model (CAPM)…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Gross Margin as a Percentage of Net Sales RevenuesThe gross margin percentage…
Q: I need this question answer general Accounting
A: Step 1: Define Common EquityCommon equity refers to the amount of investment by investors in the…
Q: Get correct answer accounting questions
A: To determine the total manufacturing costs, we sum up the direct materials used, direct labor, and…
Q: General Accounting
A: To calculate the weights in equity and debt for the Weighted Average Cost of Capital (WACC), we use…
Q: provide asnwer. general account.
A: 1. Introduction to Economies of ScaleEconomies of scale refer to the cost advantages that firms…
Q: Please need answer the accounting question not use ai and chatgpt
A: Step 1: Define Cash Cushion and Cash Borrowing RequirementA cash cushion refers to the minimum…
Q: A company has a net income of $790,000 and 55,300 outstanding shares. What is the earnings per…
A: The question requires the determination of the EPS.Earnings per share (EPS) is a financial metric…
Q: What is your capital gain rate on these financial accounting question?
A: 1. Total Return• Step 1: Calculate the capital gain• Step 2: Add the dividend received to the…
Q: Calculate it's gross profit? General accounting
A: Step 1: Formula Gross profit = Sales - Cost of goods sold Step 2: Substitution Gross profit = Sales…
Q: VR Corporation makes a product whose direct labor standard are 1.3 hours per unit and $14 per hour.…
A: Explanation of Labor Rate Variance:Labor rate variance is the difference between the actual labor…
Q: Please solve these financial accounting problem
A: Step 1: Define Quick RatioThe Quick Ratio (also known as the Acid-Test Ratio) is a measure of a…
Q: Please need help with this accounting problem
A: Step 1: Define Key RatiosProfit Margin is the ratio of net income to sales. It measures how much…
Q: Help
A: Explanation of Activity-Based Costing (ABC):Activity-Based Costing (ABC) is a costing methodology…
Q: Financial Accounting Question
A: Step 1: Define EquityEquity shares are those shares that do not have maturity value and can be…
Q: Do fast answer of this general accounting question
A: Step 1: Accounting equation Assets = Liabilities + EquityEquity = Assets - LiabilitiesLiabilities =…
Q: Baltimore Company experienced an increase in total assets of $10,500 during the current year. During…
A: Step 1: IntroductionIn this question, we are given that no investment was made by shareholders and…
Q: If total liabilities decreased by $75,000 and stockholders' equity increased by $15,000 during a…
A: To find out the change in total assets, we can use the accounting equation:Assets = Liabilities +…
Q: How much is Stephen's disposable income??
A: To find Stephen's disposable income, we need to subtract his total deductions from his gross…
Q: Do fast answer of this accounting questions
A: Step 1: Start with the formula:• Actual Cost = Standard Cost + Price Variance + Quantity…
Q: What is its average payment period?
A: Step 1: Recall the Cash Cycle formula.Cash Cycle = Operating Cycle - Average Payment Period Step 2:…
Q: DO fast answer of this general accounting question
A: Step 1: Definition of Accounts Receivable Ending BalanceThe ending balance of the Accounts…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Product Cost under Variable CostingUnder variable costing, only the variable…
Q: What is the standard time ?
A: To calculate the standard time, follow these steps:1. Understand the Formula:The formula for…
Q: On July 1, the accounts receivable account balance was $77,500. During July, $335,000 was collected…
A: Explanation of Accounts Receivable:Accounts receivable represents the amount owed by customers for…
Q: What is the required return on these financial accounting question?
A: Determining the Required Return The required return of a stock can be calculated using the Dividend…
Q: Balance sheet solve this accounting questions
A: Step 1: Definition of Loan ReceivableA loan receivable represents the amount a company expects to…
Q: Kindly help me with accounting questions
A: Step 1: Definition of Primary Residence ExclusionUnder U.S. tax law, a single taxpayer may exclude…
Q: Calculate the equivalent units of production for the month, assuming the company uses the weighted…
A: To calculate the equivalent units of production (EUP) using the weighted-average method, we need to…
Q: Please provide answer this accounting question not use chatgpt
A: Step 1: Define Overhead Application RateThe overhead application rate is the predetermined rate used…
Q: Financial Accounting
A: The Gordon Growth Model (Dividend Discount Model for a perpetuity), use the…
Q: General accounting
A: Calculation for the holding gain after taxes that is classified in Other Comprehensive Income…
Q: Financial accounting question
A: Step 1: Define Earnings Per Share (EPS)EPS measures the company's profitability allocated to each…
Q: Provide correct answer general accounting
A: Step 1: Define Accounting EquationThe accounting equation Assets = Liabilities + Stockholders'…
Q: Hii expert please given correct answer general Accounting question
A: Step 1: Define Dividend YieldA stock's dividend yield refers to an expected rate of return…
Q: None
A: Step 1: Define Asset TurnoverAssets are economic resources that companies use in their operations to…
Q: Subject: financial accounting
A: Silk corporationPartial Statement of Comprehensive IncomeaIncome Before Income Taxes $457,000…
Q: I need this question answer general Accounting
A: Step 1: Define Depreciation Expense AccountingThe process of allocating the cost of a tangible asset…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Accounts Receivable TurnoverAccounts Receivable Turnover measures how many…
Q: Equity in the business must have?
A: Given the scenario where the assets of a business increased by $89,000 and its liabilities increased…
Q: I want to this question answer general Accounting
A: Step 1: Define Intangible AssetIntangible assets are those valuables that the company owns which…
Q: What is the amount of current liabilities on these general accounting question?
A: Explanation: Following data is given:Current ratio = 5:1Acid test ratio = 2:1Inventory and prepaid…
Q: General Accounting question
A: Step 1: Define Net IncomeEvery business organization wishes to know the profit or loss made by the…
Q: NO AI ANSWER
A: Explanation of High-Low Method:The high-low method is a cost estimation technique used to determine…
Q: Compute the equivalent units of production for materials and conversion costs for the month of…
A: To calculate the equivalent units of production (EUP) for materials and conversion costs, we'll use…
Hi tutor of general account answer me


Step by step
Solved in 2 steps

- Midyear on July 31st the digby corporation's balance sheet reported: TOtal liabilities of $128.513 million , cash of $10.050 million , Total assets of $209.895 million, Total common stock of $6.350 million. What were the Digby corporation retained earnings? A. $75.032 million B. $87.732 Million C. $85.082 Million D. $97.782 MillionSelected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as follows: ACME Corporation Wayne EnterprisesCurrent assets:Cash and cash equivalents $ 2,494 $ 541Current investments 125Net receivables 1,395 217Inventory 10,710 8,600Other current assets 773 301Total current assets $15,372 $9,784Current liabilitiesCurrent debt $ 1,321 $ 47Accounts payable 8,871 5,327Other current liabilities 1,270 2,334Total current…Sun City Corporation's end-of-year balance sheet consisted of the following amounts: Cash Property, plant, and equipment Capital stock Retained earnings $ 25,000 70,000 100,000 Ob. $200,000 Oc. $165,000 Od. $100,000 7 Accounts receivable Long-term debt Accounts payable Inventory What amount should Sun City report on its balance sheet for total assets? Oa. $95,000 $70,000 40,000 20,000 35,000
- A pro-forma balance sheet shows that the TOTAL ASSETS amounted to P3,125,900; Current Liabilities = P790,350; Non-current Liabilities = P150,000; Common Stock = P1,085,000. Retained earnings from the previous year amounted to P475,000. The Pro-forma income statement shows a net income amounting to P825,000. Dividend payout ratio = 19.5%. Compute for the EFN (external financing needed) or Extra Fund.General AccountingUse the following balance sheet data to compute the net operating working capital. Cash Accounts Receivable Inventory Current Assets Net fixed assets Total assets $60 160 200 $420 $700 $1,120 Account payable Accruals Notes payable Current liabilities Long-term debt Common equity Retained earnings Total liabilities and equity $180 110 200 $490 250 160 220 $1,120
- A corporation reports the following year-end balance sheet data. The company's debt ratio equals: Cash Accounts receivable Inventory Equipment Total assets $ 41,000 56,000 61,000 146,000 $ 304,000 Current liabilities Long-term liabilities Common stock Retained earnings Total liabilities and equity $ 76,000 31,000 101,000 96,000 $ 304,000What is price printing company's return on assets? General accountingFinch Company had the following balance sheet accounts at December 31, 20X1 and 20X2: Assets 20X2 20X1 Cash $484,000 $220,000 Short-term investments (AFS debt securities) 660,000 Accounts receivable (net) 1,122,000 1,122,000 Inventory 1,518,000 1,320,000 Long-term investments 440,000 660,000 Property, plant & equipment 3,740,000 2,200,000 Accumulated depreciation (990,000) (990,000) Patent 198,000 220,000 Accounts payable & accrued liabilities 826,000 584,000 Bonds Payable 1,000,000 1,000,000 Notes payable (due 20X6) 638,000 Common stock, $1 par 1,760,000 1,540,000 Additional paid-in capital 880,000 550,000 Retained earnings 2,068,000. 1,078,000 The following additional information is available for 20X2 activities: Net income was $1,650,000. Cash dividends of $660,000 were declared and paid. Equipment with a cost of $1,200,000 and accumulated depreciation of $848,000 was sold for $396,000. A long-term equity investment was sold for $352,000. There were no other transactions affecting…
- Ariel Corporation reports the following year-end balance sheet data. The company's working capital equals: Cash Accounts receivable $ Current 54,000 liabilities Long-term liabilities Inventory 74,000 Common stock 114,000 Retained earnings Total assets Equipment 159,000 $218,000 $197,000 $356,000 $108,000 $89,000 69,000 $ 89,000 $ 356,000 and equity 49,000 104,000 Total liabilities $ 356,000Given the data in the following table, the entry for Inventories on the 2023 common-sized balance sheet was %.Based on the following information from Repicor Company’s balance sheet, what is Repicor Company’s current ratio? Current assets . . . . . $ 75,000 Investments . . . . . . . 30,000 Plant assets . . . . . . . 300,000 Current liabilities . . . . . . $ 50,000 Long-term liabilities . . . . 60,000 D. Repicor, Capital . . . . . 295,000 a. 2.10 d. 0.95 b. 1.50 e. 0.67 c. 1.00

