Jam's Snacks Inc. has total assets of $75,800 and liabilities of $43,500. What is the amount of equity and net assets?
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What is the amount of equity and net assets?
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- What is the net income of this financial accounting question?SDJ, Inc., has net working capital of $1,175, current liabilities of $6,981, and inventory of $1,092. What is the current ratio?Brock Company's financial information is listed below. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. What is the current ratio? Round your answer to two decimal places.
- The liabilities of Shumway Company Ltd. are 120,000 and the equity is 232,000. What is the amount of Shumway Company Ltd.'s total assets?A company has $1,343 in inventory, $4,782 in net fixed assets, $634 in accounts receivable, $278 in cash, $586 in accounts payable, $978 in long-term debt, and $5,377 in equity. What are the company's total assets? Multiple Choice $12,414 $7,037 $7,623 $10,159 $8,026Hoya Corporation reports the following amounts: Assets = $16,700; Liabilities = $1,700; Stockholders' equity = $15,000; Dividends $1,700; Revenues = $14,400; and Expenses = $10,700. What amount is reported for net income?
- What is the value of total assets?The following information was taken from Charu Company's balance sheet: Line Item Description Amount Fixed assets (net) $1,176,000 Long-term liabilities 280,000 Total liabilities 960,000 Total stockholders’ equity 320,000 Determine the company's (a) ratio of fixed assets to long-term liabilities and (b) ratio of liabilities to stockholders' equity. If required, round your answers to one decimal place. Line Item Description Ratio a. Ratio of fixed assets to long-term liabilities b. Ratio of liabilities to stockholders' equityDetermine the value of Liabilities when Assets = $96,496 and Owner's Equity is $61,707.