If total liabilities increased by $31,590 and stockholders' equity decreased by $9,360 during a period of time, then total assets 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 isAssuming 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 total liabilities decreased by $22,619 during a period of time and stockholders' equity increased by $34,276 during the same period, the amount and direction (increase or decrease) of the period's change in total assets is a
- 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 yearPlease give the correct answerIf 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 fast answer of this general accounting questionWhat is the base vertical analysis on the balance sheet? The first year presented Total liabilities and equity Sales revenue Total equity Total current assetsFind Out : (a)Earnings per share(b)Return on common stockholders' equity in %(c)Return on assets in %(d)Current ratio in :1(e)Accounts receivable turnover in times(f)Average collection period in days(g)Inventory turnover in times (h)Days in inventory in days (i)Times interest earned in times (j)Asset turnover in times (k)Debt to assets ratio in % (l)Free cash flow
- Selected current year company information follows: Net income Net sales Total liabilities, beginning-year Total liabilities, end-of-year $ 16,553 718,855 89,932 109,201 Total stockholders' equity, beginning-year 204,935 Total stockholders' equity, end-of-year 130,851 What is the return on total assets? (Do not round intermediate calculations.).What was the net change in total assets on these financial accounting question?Need help ASAP :(
