I need this question answer general Accounting If total assets increased by $75,000 and totalliabilities decreased by $25,000 during a period,what was the change in stockholders' equity?

Step 1: Define Stockholders' EquityStockholders' equity is the residual interest in a company's…

Answered: If total assets increased by $75,000…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 10BE

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Jolie Foster Care Homes Incorporated shows the following data: Total Assets $ 1,970,000 2,460,000 2,740,000 2,830,000 Year 20X1 20X2 20X3 20X4 Net Income $ 192,000 221,000 196,000 189,000 Year 20X1 20X2 20X3 20X4 a-1. Compute the ratio of net income to total assets for each year. Note: Input your answers as a percent rounded to 2 decimal places. Return on Assets Stockholders' Equity $ 1,460,000 1,845,000 1,910,000 1,900,000 % % % % Total Debt $ 510,000 615,000 830,000 930,000
What was the return you received over the year on these financial accounting question?
Rebert Inc. showed the following balances for last year: Reberts net income for last year was 3,182,000. Refer to the information for Rebert Inc. above. Required: 1. Calculate the average common stockholders equity. 2. Calculate the return on stockholders equity.
TRUE OR FALSE Earnings per share is found by taking the net income for the year divided by the number of common shares outstanding at the end of the year.
Consider the following data: need help these accounting question
Given the following information, what is the ratio of liabilities to stockholders' equity? Fixed assets (net) at year-end $400,000 Average fixed assets 450,000 Total assets 500,000 Long-term liabilities 300,000 Total liabilities 350,000 Total stockholders' equity 250,000 Total liabilities and stockholders' equity 500,000 Interest expense 5,000 Income before income tax 150,000 Net income 100,000 O a. 0.7 O b. 1.2 O c. 1.4 O d. 0.6
The return on equity is calculated using which of the following formulas? Multiple Cholce Net Income - Common Stock Net Income + Retalned earnings Net Income + Stockholders' equity Net Income - Average stockholders' equity
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Answer?? Financial accounting questions
What is the Debt assets ratio What is the Current ratio What is the Return on common stockholders' equity enter percentages rounded to 2 demical places %
Which of the following statements is true? I. The formula for the return on equity is: Return on equity = Net income ÷ Average total stockholders' equity. II. When computing the return on equity, retained earnings should be excluded from the average total stockholders' equity.
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If total assets increased by $75,000 and total liabilities decreased by $25,000 during a period, what was the change in stockholders' equity?