If total assets increased by $8,250 and stockholders' equity decreased by $3,900 during a period of time, then total liabilities must have changed by what amount and direction during that same period?
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- If total assets decreased by $49,016 during a period of time and stockholders' equity increased by $29,140 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities isSubject. General AccountIf total liabilities decreased by $23,609 during a period of time and stockholders' equity increased by $31,807 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is a
- Assuming that total assets were $8,037,000 at the beginning of the current fiscal year, determine the following: When required, round to one decimal place. a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equity c. Asset turnover d. Return on total assets e. Return on stockholders' equity f. Return on common stockholders' equity % % %Please give the correct answerRatio of Liabilities to Stockholders' Equity and Times Interest Earned The following data were taken from the financial statements of Hunter Inc. for December 31 of two recent years: Current Year Prior Year Accounts payable $552,000 $162,000 Current maturities of serial bonds payable 370,000 370,000 Serial bonds payable, 10% 1,520,000 1,890,000 Common stock, $1 par value 80,000 100,000 Paid-in capital in excess of par 900,000 900,000 Retained earnings 3,090,000 2,460,000 The income before income tax expense was $491,400 and $430,000 for the current and prior years, respectively. a. Determine the ratio of liabilities to stockholders' equity at the end of each year. Round to one decimal place. Current year Prior year b. Determine the times interest earned ratio for both years. Round to one decimal place. Current year Prior year
- Please solve this question general accountingIf total liabilities decreased by $80,000 during the period and stockholders’ equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period’s change in total assets is:; If total liabilities decreased by $46,000 during a period of time and owner's equity increased by $60,000 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is
- If current assets are P90,000 and total assets are P270,000, what percentage of total assetsare current assets?Give general account ansIf total liabilities increased by $70500 during a period of time and stockholders' equity decreased by $37000 during the same period, then the amount and direction (increase or decrease) of the period's change in total assets is a(n) O $107500 increase. O $70500 increase. O $33500 increase. O $33500 decrease.
