If the owner's equity is $135,000 and total liabilities are $90,000, then total assets would be OA. $90,000 OB. $225,000 OC. $45,000 OD. $135,000

Q: The balance sheet showed the following: Total current assets $3,250, accounts payable $470, 8% notes…

A: Current assets = $3250 Accounts payables = $470 Accrued wages = $180

Q: If equity is $338,000 and liabilities are $188,000, then assets equal:

A: Formula: Assets = (Liabilities + Equity)

Q: Determine the missing amount Assets                     Liabilities                      Equity…

A: Formula for accounting equation: Assets = Liabilities + owners equity + Revenues - Expenses.

Q: If equity is $300,000 and liabilities are $192,000, then assets equal

A: Balance of both side of balance sheet should be equal.  It means Total of equity and liabilities is…

Q: A company has current liabilities of $70,000 and a current ratio of 3.5. Determine its total current…

A: Current assets: Current assets are all those assets that are expected to be sold or used as a result…

Q: Using a capitalization rate of 10% a commercial property is valued at $420,000. The expenses are 30%…

A:

Q: Given the following, what is the level of total assets? Item Investment account Primary residence…

A: Here,Investment Account is $250,000 ( This is Investment head under assets)Primary Residence is…

Q: Given $4,900 assets = $3000 liabilities +$1900 owner's equity transaction - paid salaries expense of…

A: The objective of the question is to calculate the new total for owner's equity after paying salaries…

Q: If Assets is 60,000= Liabilities is (5,000) then should it be 55,000

A: Accounting Equation- Accounting Equation in simple expressions is a balancing entry i.e. for each…

Q: Palmer Co. had the following amounts for its assets. liabilities, and stockholders' equity accounts…

A: We have, Net realizable value of assets : Cash = $20,000 Accounts receivable = $80,000 Inventory =…

Q: Sales are 2,000,000.  COGS are 1,000,000.  Depreciation is 300,000.  Taxes are 150,000.   SG&A is…

A: Net Income: Net income means net profit or net earnings, It is an amount that an individual or an…

Q: Given beginning operating assets of $140,000, ending operating assets of $180,000, net operating…

A: Operating income is the difference between total revenue and total operating expense of the…

Q: A company's current ratio is 1.5. Its current liabilities are $150,000. What are its current assets?…

A: Current ratio = current assets / current liabilities

Q: Why is depreciation and interest expense in the excel 300,000 if it states its 3 million?

A: 3 million = 3,000,000

Q: If your total assets equal $50,000 and your total liabilities equal $15,000; your debt ratio is…

A: To calculate the debt ratio we will use the below formula   Debt ratio = Total liabilities/Total…

Q: If the property before tax cashflow (PBTCF) in a given year is $125,000, total debt service is…

A: The Equity after tax cash flow of the investor is that income after deducting all expenses and tax.

Q: Account$ 51,000Accounts payable$33, 700 Land Notes payable49,000Accounts receivable 71, 2000perating…

A: To determine the amount of owner's equity, you need to calculate the total assets and total…

Q: A company has Cash = $150,000; Inventory = $50,000; Accounts Receivable = $75,000; Fixed Assets…

A: The balance sheet represents the financial position of the business with assets, liabilities and…

Q: The equity of Alliance Company is $140,000 and the total liabilities are $70,000. The total assets…

A: An accounting equation refers to a mathematical representation of the transaction. It indicates that…

Q: arden Company has cash of $26,000, accounts receivable of $36,000, inventory of $19,000, and…

A: Solution: Working capital is the excess of current assets over the current liabilities of a company.…