what is evergreen total stockholders equity ? general accounting Evergreen Manufacturing's year-end 2022 balance sheet lists current assets of $890,000,fixed assets of $750,000, current liabilities of $620,000, and long-term debt of $850,000.What is Evergreen's total stockholders' equity?a. $170,000b. $1,650,000c. $1,720,000d. There is not enough information to calculate the total stockholders' equity.

Step 1: Definition of Stockholders' EquityStockholders' equity, also known as shareholders' equity,…

Answered: Evergreen Manufacturing's year-end 2022…

Cornerstones of Financial Accounting

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Chapter12: Fainancial Statement Analysis

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Problem 23MCQ

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Barger Corporation has the following data as of December 31, 2024: Total Stockholders' Equity Total Current Liabilities Total Current Assets $ 36,210 58,200 181,630 Other Assets Long-term Liabilities Property, Plant, and Equipment, Net Compute the debt to equity ratio at December 31, 2024. (Round your answer to two decimal places, X.XX.) = = C $? 45,600 269,640 Debt to equity ratio
GM has the following balances at Dec31,2021: Operating Assets $ 1,200,000 Financial Assets 800,000 Operating Liabilities 200,000 Financial liabilities 1,400,000 Operating Income 200,000 Tax Rate % 40 Net Income 110,000 Preferred Stock dividends 10,000 Required: Calculate the following (use 2021 ending balances only): Return on Net Operating Assets – RNOA Return on Common Equity – ROCE Justify and analyze your findings in required (1)
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The 2020 income statement of Blossom Corporation showed net income of $1,271,000, which included a loss from discontinued operations of $114,800. Blossom had 41,000 common shares outstanding all year. (a) Calculate earnings per share (EPS) for 2020 as it should be reported to shareholders. (Round answers to 2 decimal places, e.g. 15.25. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Income from continuing operations Loss from discontinued operations, net of tax Net income $ $ $ Earnings per share
(Figures in $ millions) Assets 2021 2022 Liabilities and Shareholders' Equity 2021 2022 Current assets $ 310 $ 420 Current liabilities $ 210 $ 240 Net fixed assets 1,200 1,420 Long-term debt 830 920 Required: a&b. What was shareholders’ equity at the end of 2021 and 2022? c. If Newble paid dividends of $100 million in 2022 and made no stock issues, what must have been net income during the year? d. If Newble purchased $300 million in fixed assets during 2022, what must have been the depreciation charge on the income statement? e. What was the change in net working capital between 2021 and 2022? f. If Newble issued $200 million of new long-term debt, how much debt must have been paid off during the year
stockholders' equity of Chemasky Company at the beginning and end of 2021 totaled $120,000 and $139,000, respectively. Assets at the beginning of 2021 were $145,000. If the liabilities of rnasky Company increased by $70,000 in 2021, how much were total assets at the end of 2021? Use the accounting equation. A. $56,000 B. $234,000 C. $215,000 D. $214,000 CI
The following income statement and balance sheets for Virtual Gaming Systems are provided. VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2021 Net sales Cost of goods sold Gross profit Expenses: Operating expenses. Depreciation expense Loss on sale of land Interest expense Income tax expense Total expenses Net income Assets Current assets: Cash Accounts receivable Inventory Prepaid rent Long-term assets: Investment in bonds $852,000 27,000 7,400 12,000 42,000 $3,006,000 1,944,000 1,062,000 940, 400 $ 121,600 VIRTUAL GAMING SYSTEMS Land Equipment Less: Accumulated depreciation Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable. Long-term liabilities: Notes payable Stockholders' equity: Common stock Retained earnings Balance Sheets December 31 2021 $180,000 75,000 99,000 11,400 99,000 204,000 264,000 (63,000) $869,400 $ 60,000 4,800 12,000 279,000 294,000 219,600 2020 $138,000 54,000 129,000…
An analyst compiled the following information for U Inc. for the year ended December 31, 2021: . Net income was $1,960,000. Depreciation expense was $530,000. . Interest paid was $265,000. Income taxes paid were $132,500. . . . Common stock was sold for $226,000. Preferred stock (8% annual dividend) was sold at par value of $276,000. . Common stock dividends of $76,000 were paid. Preferred stock dividends of $22,080 were paid. Equipment with a book value of $126,000 was sold for $252,000. • . . Using the indirect method, what was U Inc.'s net cash flow from operating activities for the year ended December 31, 20213 Multiple Choice
Minnesota Manufacturing's balance sheet showed total common equity of $3,000,000 and 500,000 shares of stock outstanding on 12/31/2019. During 2020, the firm had $630,000 of net income, and it paid out $150,000 in dividends. What was the book value per share on 12/31/2020, assuming no common stock was issued or retired during 2020?
The financial statements of Friendly Fashions include the following selected data (in millions): ($ in millions except share data) 2021 2020 Sales $ 9,843 $ 10,934 Net income $ 280 $ 798 Stockholders' equity $ 1,710 $ 2,290 Average Shares outstanding (in millions) 665 - Dividends per share $ 0.38 - Stock price $ 8.50 - Required:Calculate the following ratios for Friendly Fashions in 2021. (Enter your Dividend yield and Price-earning ratio values to 2 decimal places. Enter your answers in millions (i.e. 5,500,000 should be entered as 5.5).)
Skysong Co. reports the following information for 2025: sales revenue $776,200, cost of goods sold $517,000, operating expenses $90,200, and an unrealized holding loss on available-for-sale debt securities for 2025 of $60,700. It declared and paid a cash dividend of $12,430 in 2025. Skysong Co. has January 1, 2025, balances in common stock $369,200; accumulated other comprehensive income $88,300; and retained earnings $98,980. It issued no stock during 2025. Prepare a statement of stockholders' equity. (Ignore income taxes.) > > Total SKYSONG CO. Statement of Stockholders' Equity LA Retained Earnings Accumulated Other Comprehensive Income

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