Financial accounting If total liabilities decreased by $5,800 andstockholders' equity decreased by $9,400during a period of time, then total assets musthave changed by what amount and directionduring that same period?

Step 1: Define Balance SheetAssets, Liabilities, and Stockholders' equity are the main sections…

Answered: If total liabilities decreased by…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter9: Metric-analysis Of Financial Statements

Section: Chapter Questions

Problem 10CDQ

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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 % % %
Find the following using the data bellow a. Accounts receivable B. Current assets C. Total assets D. Return on assets E. Common equity F. Quick ratio
Required: Compute the following: (For Requirements 1 to 4, enter your percentage answers rounded to 2 decimal places (i.e., 0.1234 should be entered as 12.34).) 1. Gross margin percentage. 2. Net profit margin percentage. 3. Return on total assets. 4. Return on equity. 5. Was financial leverage positive or negative for the year? 1. Gross margin percentage % 2. Net profit margin percentage % 3. Return on total assets % 4. Return on equity % 5. Financial Leverage
19. Using the following information, calculate the return on assets. Net income for November Total assets, November 1 5,000 76,000 Total assets, November 30 80,250 ... Identify the formula and then solve for return on assets (ROA). (Round the ROA to the nearest tenth percent, X.X%.) ÷ ROA %
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19. Using the following information, calculate the return on assets. Net income for November Total assets, November 1 Total assets, November 30 $ Identify the formula and then solve for return on assets (ROA). (Round the ROA to the nearest tenth percent, X.X%.) ROA + 4,710 55,000 102,000 + = %
If total assets decreased by $29,000 during a period of time and owner's equity increased by $23,000 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is _.
If current assets are 112,000 and current liabilities are 56,000.00 what is the current ratio?
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If current assets are P90,000 and total assets are P270,000, what percentage of total assetsare current assets?
Current Position Analysis The following data were taken from the balance sheet of Albertini Company at the end of two recent fiscal years: Current Year Previous Year Current assets: Cash $383,000 $294,000 Marketable securities 443,500 330,800 Accounts and notes receivable (net) 181,500 110,200 Inventories 554,400 388,600 Prepaid expenses 285,600 248,400 Total current assets $1,848,000 $1,372,000 Current liabilities: Accounts and notes payable (short-term) $324,800 $343,000 Accrued liabilities 235,200 147,000 Total current liabilities $560,000 $490,000
The best approach to measuring liquidity takes into account changes over time in both liquidity needs and sources. A financial ratio that does this consists of in period t over in period t. liquid assets and liabilities; estimated liquidity needs liquid assets; estimated liabilities estimated reserve needs; liquid assets and liabilities liabilities; estimated liquid assets Given the following information: interest sensitive assets = $300 30-day commercial paper interest sensitive liabilities = $400 90-day CDs 30-day commercial paper is 50 percent as volatile as 90-day T-bills 90-day CDs are 120 percent as volatile as 90-day T-bills Calculate the standardized gap for the bank. A. $160 B. $563 C. -$100 D. -$330 All else the same, a positive duration gap causes the liquidity of the bank to: A. Increase B. decrease C. change only when the level of interest rates is high D. change only when the level of interest rates is low If the…

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If total liabilities decreased by $5,800 and stockholders' equity decreased by $9,400 during a period of time, then total assets must have changed by what amount and direction during that same period?