If assets are $300,000 and liabilities are $192,000, then equity equals:
Q: What amount of goodwill is recorded for this financial accounting question?
A: To calculate the amount of goodwill recorded, we can use the following formula: Goodwill = Purchase…
Q: i want to this question answer General accounting
A: Step 1: Define Actual Total Direct Materials Cost represents the real amount spent on direct…
Q: What is the level of fixed costs
A: Concept of High-Low MethodThe High-Low Method is a technique used in cost accounting to estimate the…
Q: plz answer
A: To find the book value per share and earnings per share (EPS) based on the given market value…
Q: Ash Corp
A: Concept of Fixed BudgetA fixed budget is a financial plan that is prepared for a specific level of…
Q: Solve this accounting problem
A: Sales=Cost of Goods Sold−Gross MarginCalculation of SalesSales = Cost of Goods Sold + Gross Margin…
Q: Hello tutor please given correct answer general accounting
A: Step 1: Define Return on Investment (ROI)Return on Investment (ROI) is a financial metric used to…
Q: Provide correct answer general accounting
A: Step 1: Calculation of average total assetsStep 2: Calculation of net incomeNet income = Average…
Q: General accounting question
A: Step 1: Predetermined overhead rate Predetermined overhead rate = Estimated manufacturing…
Q: Financial Accounting
A: To calculate the gain or loss on the sale of the fleet of trucks, we use the formula: Gain/Loss =…
Q: Above the lower bound ? General accounting
A:
Q: Ans?? General Accounting
A: Step 1: Define Zero-Coupon Bond with Semiannual CompoundingA zero-coupon bond does not make periodic…
Q: Cash flow cycle accounting
A: Step 1: Information givenAverage Age of Inventory = 90 daysAverage Age of Accounts Receivable = 65…
Q: Sub: financial accounting
A: Explanation of Outstanding Shares: Outstanding shares represent the total number of shares of a…
Q: Answer this question general accounting
A: To determine how much the owner contributed (owner, capital), we can use the accounting…
Q: Calculate the cost of goods sold
A: Concept of Beginning InventoryBeginning inventory refers to the total value of goods a company has…
Q: ??!!
A: Explanation of Predetermined Overhead Rate: The predetermined overhead rate is a calculated rate…
Q: Were the overheads over applied or under applied and by how much for this general accounting…
A: Step 1: Define Overhead ApplicationOverhead application refers to the process of assigning indirect…
Q: Answer this question
A: The Enterprise Value (EV) formula:EV=Market Capitalization +Total Debt−Cash Step 1:Market…
Q: Give this question general accounting
A: Step 1: Definition of Net IncomeNet income is the revenue over expenses determined in the income…
Q: What was it's net income for 2024? General Accounting
A: To calculate Global Tech Solutions' net income for 2024, we use the formula for percentage…
Q: General Accounting
A: b).Finding Equity MultiplierAccording to Du-pont analysis ROE = Total assets turnover * Net profit…
Q: Please provide solution this financial accounting question
A: Step 1: Define Cost Of EquityThe cost of equity refers to the cost of issuing equity financing to a…
Q: Need answer the financial accounting question
A: Step 1: Define Net IncomeNet income is the company's total earnings after deducting all expenses,…
Q: How many unit did the company sell in 2009 ?
A: Step 1: Definition of Absorption CostingAbsorption costing, also known as full costing, is a costing…
Q: What is the flexible budget variance for direct labor?
A: Explanation of Flexible Budget Variance: Flexible budget variance is the difference between actual…
Q: Cost accounting questions...
A: Step 1: Understanding the Capital EquationIn accounting, the owner's capital changes over time due…
Q: What was the sales price per unit?
A: Gross Margin=Sales Revenue−Cost of Goods Sold (COGS)Rearrange to solve for Sales Revenue: Sales…
Q: Please help me with this question general Accounting
A: Step 1: Define Average Accounts Payable BalanceAverage Accounts Payable Balance represents the…
Q: Financial Accounting
A: Step 1: Define GoodwillGoodwill is an intangible asset that represents the excess amount paid for a…
Q: Annual loan payment?
A: The question requires the determination of the annual loan payment of an amortized loan.…
Q: Hello please answer this general account questions
A: Step 1: Understanding the Gross Profit MethodThe gross profit method estimates ending inventory…
Q: Solve this financial accounting Problem
A: Explanation of Return on Equity (ROE): Return on Equity (ROE) measures a company's ability to…
Q: not use ai solution given correct answer General accounting question
A: To calculate the Days Sales Outstanding (DSO), use the following formula: DSO = (Average Accounts…
Q: Want Answer
A: Concept of Accounts ReceivableAccounts receivable refers to the money that a business is owed by its…
Q: Provide correct answer this financial accounting question
A: Step 1: Define Equivalent Units for Conversion CostsIn a process cost system, equivalent units for…
Q: How much is Henry enterprises breck even point?
A: Step 1: Introduction to CVP AnalysisCVP analysis, or cost-volume-profit analysis, is a management…
Q: The book value of this equipment shown on its balance sheet will be?
A: Explanation of Straight-Line Depreciation:Straight-line depreciation is a method of allocating an…
Q: What is the labor efficiency variance for March on these general accounting question?
A: Step 1: Define Labor Efficiency VarianceLabor efficiency variance measures the difference between…
Q: Please provide accurate answer
A: Step 1: Step 2: Step 3: Step 4:
Q: Can you please solve this
A: Step 1: Definition of Total AssetsTotal assets are all the resources owned by a company that can be…
Q: Please give me correct answer this financial accounting question
A: To calculate the required rate of return on Falcon Industries' stock, we can use the Capital Asset…
Q: What are the budgeted cash payments for October on these financial accounting question?
A: Step 1: Define Budgeted Cash PaymentsBudgeted cash payments represent the actual cash outflows a…
Q: Accurate answer
A: Explanation of Materials Purchases Budget: A materials purchases budget is a detailed plan that…
Q: How much is Samuels disposable income?
A: Samuel Stevens' disposable income is the amount left after all mandatory deductions (taxes,…
Q: provide correct answer general accounting
A: Step 1: Definition of Long-Term Capital Gain (LTCG)A long-term capital gain (LTCG) arises when an…
Q: Want to this question answer general accounting
A: Step 1: Define Economic Order Quantity (EOQ)The Economic Order Quantity (EOQ) is the optimal order…
Q: Profit?
A: 1. Total profit = $2402. Profit percentage = 30%3. Let's find the total cost: Total cost = Total…
Q: Financial accounting
A: Step 1: Define Maturity ValueThe maturity value of a note receivable is the total amount due at the…
Q: Fixed asset
A: Concept of Fixed AssetA fixed asset is a long-term tangible resource used by a business for its…
General accounting
Step by step
Solved in 2 steps
- Calculate working capital when: Cash=$100, Creditors=$100, Short-term loan=$100, Inventory (stock)=$100, Long-term loans = $100Total assets are $12.0 million, with $4.0 million being long-term assets. Current liabilitiesare $2.5 million and total liabilities are $6.5 million. The current ratio would be closest to:a. 1.6.b. 1.8.c. 3.2.d. 4.8.If equity equals $100,000, which of the following is true? A. Assets exceed liabilities by $100,000. B. Liabilities exceed equity by $100,000. C. . D. None of the above is true.
- What is the common size percentage for the net fixed assets?7. New World has total assets of $31,300, long-term debt of $8,600, net fixed assets of $20,300, and owners' equity of $21,100. What is the value of the net working capital?Given the information below. Find the Weighted Average Cost of Capital Market Value of Equity = $22,000,000; Debt = $15,000,000; Cash or Cash Equivalents = $15,000,000 iD = 0.10 or 10% iMKT = 0.17 or 17% tCorp = 0.30 or 30% bK = 1.5 IRF = 0.02 = 2%
- Capital O, X, Y, and Z are $10,000, $15,000, $16,000 and $18,000, respectively. O has a loan balance of $1,000. Profit is divided in a ratio of 5:2;1;2. Assets are sold, liabilities are paid, and cash remains of $6,000. How should this remaining cash be distributed?Arredondo, Inc., has current assets of $394, net fixed assets of $17,137, current liabilities of $4,228, and long-term debt of $8,254. How much is net working capital?use the following information to construct a balance sheet: current assets $1,000; current liabilities $850; fixed assets $4,500; long term debt $1,000. what is the value of equity