NiXan Enterprises' year-end 2021 balance sheet lists current assets of $742,000, fixed assets of $583,000, current liabilities of $519,000, and long-term debt of$627,000. What is Nixan's total stockholders' equity? Answer this question
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NiXan Enterprises' year-end 2021
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- NiXan Enterprises' year-end 2021 balance sheet lists current assets of $742,000, fixed assets of $583,000, current liabilities of $519,000, and long-term debt of$627,000. What is Nixan's total stockholders' equity?What is Nicole 's total stockholder equity?Nicole Corporation's year-end 2019 balance sheet lists current assets of $826,000, fixed assets of $604,000
- Total stockholders's equityThe following information pertains to Maxwell Corporation. Assume that all balance sheet amounts represent both average and ending figures. Maxwell Corporation had 6,000 shares of common stock issued and outstanding. The market price of Maxwell common stock on December 31, 2019, was $20. Jasmin paid dividends of $0.90 per share during 2019. What is the debt to equity ratio for this corporation? Round your answer to 1 decimal place. Maxwell Corporation Partial Balance Sheet December 31, 2019 Liabilities and Stockholders' Equity Current liabilities Long-term liabilities Stockholders' equity Total liabilities and stockholders' equity Maxwell Corporation Income Statement For the Year Ended December 31, 2019 Net sales Cost of goods sold Gross margin Operating expenses Income before income taxes Income taxes expense Net income $ 60,000 90,000 150,000 $300,000 $80,000 45,000 $35,000 15,000 $20,000 5,000 $15.000What is its net income of this financial accounting question?
- Applying the Fundamental Accounting Equation At the beginning of 2019, KJ Corporation had total assets of $554,000, total liabilities of $261,800, common stock of $139,300, and retained earnings of $152,900. During 2019, KJ had net income of $225,200, paid dividends of $74,400, and issued additional common stock for $93,900. KJ's total assets at the end of 2019 were $721,800. Required: Calculate the amount of liabilities that KJ must have at the end of 2019 in order for the balance sheet equation to balance.Phelps, Incorporated had assets of $67,646, llabilities of $15,466, and 10,718 shares of outstanding common stock at December 31, 2020. Net income for 2020 was $7,829. The company had assets of $79,571, liabilities of $18,551, 10,771 shares of outstanding common stock, and its stock was trading at a price of $10 per share at December 31, 2021. Net income for 2021 was $9,993. Required: a. Calculate EPS for 2021. b. Calculate ROE for 2021. c. Calculate the Price/Earnings Ratio for 2021. Complete this question by entering your answers in the tabs below. Required A Required B Required C Calculate EPS for 2021. (Do not round intermediate calculations. Round your final answer to 2 decimal place EPSPlease give me correct answer this financial accounting question
- The 2021 Balance Sheet of Eighty-Five Ltd. show a total of $100,000 in current assets, which is made up of $35,000 (cash), $15,000 (marketable securities), $20,000 (net receivables) and inventories (that make up the difference). If the company’s current liabilities for the year is $55,000, what is its quick ratio? 1.273. 0.780. 1.000. 1.875.Palmar Corporation has total assets and total liabilities of $82,000 and $40,000, respectively, at the end of 2020. Palmar's 2020 revenues were $120,000, and expenses were $106,000. Palmar also declared and paid dividends of $6,000 during the year. How much was Palmar's stockholders' equity at the beginning of 2020?Please provide the accurate solution to this financial accounting question using valid calculations.