d. Company D has revenue of $783,000 and net income of $21,000 after income tax expense of $17,000. What do its other expenses total?
d. Company D has revenue of $783,000 and net income of $21,000 after income tax expense of $17,000. What do its other expenses total?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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d. Company D has revenue of $783,000 and net income of $21,000 after income tax
expense of $17,000. What do its other expenses total?
●
For this year, Company E has net income of $43,000 and declared a dividend of
$11,000. The company's beginning retained earnings totalled $217,000. At the
end of the year, the company had current assets of $387,000, noncurrent assets of
$414,000, current liabilities of $205,000, and share capital of $181,000. The
company decides to borrow a long-term loan (long-term bond) for cash in order to
raise its working capital to $250,000. Working capital is current assets minus
current liabilities. Currently, working capital is $182,000 ($387,000 - 205,000). If
it does so, what will the total noncurrent liabilities be?
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d. Company D has revenue of $783,000 and net income of $21,000 after income tax
expense of $17,000. What do its other expenses total?
●
For this year, Company E has net income of $43,000 and declared a dividend of
$11,000. The company's beginning retained earnings totalled $217,000. At the
end of the year, the company had current assets of $387,000, noncurrent assets of
$414,000, current liabilities of $205,000, and share capital of $181,000. The
company decides to borrow a long-term loan (long-term bond) for cash in order to
raise its working capital to $250,000. Working capital is current assets minus
current liabilities. Currently, working capital is $182,000 ($387,000 - 205,000). If
it does so, what will the total noncurrent liabilities be?
Search
((.
Ơ
០១
Sat Apr 15 2:58 PM
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