Delta Innovations Inc. has common stock of $7,500, paid- in surplus of $10,200, total liabilities of $9,800, current assets of $6,500, and fixed assets of $20,000. What is the amount of the shareholders' equity? A) $12,900 B) $16,200 c) $16,700 D) $23,500 E) $28,000
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- What is the amount of shareholders equity on these general accounting question?What is the amount of shareholders equity?The balance sheet for Fanning Corporation follows: Current assets $ 247,000 Long-term assets (net) 752,000 Total assets $ 999,000 Current liabilities $ 144,000 Long-term liabilities 452,000 Total liabilities 596,000 Common stock and retained earnings 403,000 Total liabilities and stockholders’ equity $ 999,000 RequiredCompute the following. (Round "Ratios" to 1 decimal place.) Working capital Current ratio Debt-to-assets ratio Debt-to-equity ratio
- I need help with this problem and accounting questionShareholders equity? AccountingRiverside Corp. has the following financial data: • Current Assets = $8,500 . Net Fixed Assets = $30,000 • Current Liabilities = $7,200 Long-term Debt = $18,500 a) Compute Shareholder Equity b) Compute Net Working Capital
- What is the amount of the shareholders equity?The company's total shareholders' equity as of 12/31/2020 is $1,777,000 Common stock; par value of $2; Auth 500,000 and issued/outstanding 100,000 @ an average issue price of $4.75. Accumulted other comprehensive income is $180,000. The balance in shareholders' equity is retained earnings. During 2021: Sales revenue $880,000, interest revenue $30,000; rent revenue $160,000; Dividend Revenue $80,000; sales Returns & Allowances $25,000; Sales discounts $70,000; COGS $350,000; Selling exp $100,000; General Administrative expenses $80,000; Interest expense $70,000; Loss on sale of Investments $60,000; Restructuring Costs $75,000; Gain on sale of compenant that qualifies as a discontinued ops $150,000; Write down of inventory $50,000; foreign currency translation gain $20,000; unrealized gain in value of land $50,000; .Unrealized gain in the value of patents $50,000; unrealized loss in value of available for sale securities $60,000; Additional information: Tax rate is 20% The company issues…a. What is the amount of total shareholders' equity?b. What is the balance of retained earnings at year-end?