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 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 aAssuming 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 % % %If during the year total assets increase by 55000 and total liabilities decrease by 36000, by how much did owner's equity increase/decrease?
- Ratio 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 yearIf total assets increased by P175,000 during a specific period and liabilities decreased by P10,000 during the same period, the period's change in total owner's equity was. Put a parenthesis if it is a decreasePlease answer numbers 2,3,4,5
- If 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:Do npt give image formatFrom the following information for BlueInks Corporation, compute the rate of return on assets. Hint: The numerator is income before interest expense and taxes. Net income $40,878 Total assets at beginning of year $250,100 Total assets at end of year $158,680 a. 15% b. 25% c. 16% d. 20%
- Total 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. 4.8.38 - What are the receivables that can be collected in a year or more than the normal operating period, stocks to be consumed, advance payments to be used, financial, tangible and intangible assets and assets subject to special depletion to be used for more than one year?A) Returning AssetB) CapitalC) EquityD) SourceE) Fixed AssetIf current assets are $112,000 and current liabilities are $56,000, what is the current ratio?
